Valuing ARU, page-10

I believe the funding is coming through various Govt entities like Export Finance Australia and the Crititcal Minerals Fund. These entities will have the ability to sign the agreements by their Minister or the Ministers on a Expenditure Review Committee. There is no legislation required, thus would not need to go to Parliament for a vote.

And once signed, is binding for all future governments.

The current Albo govt still can walk away from the funding. It was conditional upon final due diligence. This is standard. They would have already have many versions of the due diligence reports. But they wait till the last moment before getting the final DD report and will then sign the funding agreements. But it would look very bad for the Govt if they went back on their annoucement. It would take a black swan event to stop it IMHO.