COB cobalt blue holdings limited

$1.5 billion loan facility for critical minerals

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    “The commercial dimensions of the critical minerals market mean it is a difficult place to get established,” Morrison said in a statement, adding that the projects will be strategic for their role in the future energy economy.“We want to ensure that Australia’s resources producers do get established so they can link up with others in our supply chains in a free and open Indo-Pacific.”Australia is a major supplier of critical minerals, such as nickel, copper and cobalt that are used in satellites, lasers and electric-vehicle batteries, and is the world’s biggest supplier of rare earths outside of China.Western governments have been keen to diversify procurement of critical minerals amid trade and political tensions with Beijing.Morrison, who visited the United States for a Quad nations meeting last week, said on Saturday the group would work to improve the security of supply chains for critical technologies such as clean energy and ease a global chip shortage. QUOTE
    Government assistance would be beneficial for COB at this point IMO

    https://www.mining.com/web/australia-to-set-up-1-5bn-loan-facility-for-critical-minerals-projects/
 
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