I'm struggling to follow what all the moaning and gnashing of teeth is all about.
EGR is just proceeding to implement what it has already telegraphed to the market that it was planning to do post the introduction of the US Mineral Security Partnership (June 2022) and Inflation Reduction Act (August 2022). Also to position itself to adapt to the geopolitical changes in Europe and the Pacific and the new emphasis on critical mineral security to adapt to the CCP and other autocracies' aggressive behaviour.
Eight months ago EGR announced that the planned BAM facility of stage 1: 5,000tpa followed by stage 2: 20,000tpa would be replaced by a new stage 1 product qualification facility followed by a new stage 2 of ~25,000tpa.
So now they have announced more details about the product qualification facility and have managed to get a grant to cover half the cost to boot! We now know the location is in Australia with access to a scientific community and infrastructure. Only thing is that this will take longer to be operational - next year instead of this year. But when a company is pioneering and pathfinding and needing to work closely with government - in this case when they choose to decide on and announce grant funding - then timing simply can't be predicted with any certainty.
One can presume that the product qualification facility is a necessary part of persuading prospective customers to enter into long-term forward purchase & sales agreements and possibly to become commercial partners.
Seems to be following the road map already outlined as far as I can see.
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