How likely do we think NAIF funding for the EMM plant is? That could speed things up a lot.
NAIF have done a $450m loan for BCI's Salt & Potash project, I reckon E25 EMM option would be even more attractive to the region in terms of economic benefit and jobs created too... and lets face it, NAIF must be flush with cash given WA are creaming it with Iron Ore, Gold, everything royalties.
Ann: Binding Take or Pay Offtake Terms Finalised with OM Holdings, page-15
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