Australia's biggest renewables investment unveiled - as well as fluorite for batteries this will feed into future demand for some of TIVAN's other prospects
From the Sojitz/Lynas deal :
• Seek a funding package of up to $US250 million to cover the cost of accelerating the expansion of the Lynas Rare Earths project to 22,000 tonnes per annum.
• Sojitz will request financial support from the Japan Oil, Gas and Metals National Corporation (JOGMEC) for the expansion of the project.
• Allocate a minimum of 8,500 tonnes ± 500 tonnes per annum to the Japanese market over the next ten years, upon securing this funding.
• Jointly market Rare Earths products in Japan in order to secure end customers in Japan for 8,500 tonnes ± 500 tonnes of Rare Earths products per year over the next 10 years to meet the requirements of the customers in Japan.
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