If anyone is still wondering why RDM is flying, this table in...

If anyone is still wondering why RDM is flying, this table in the announcement spells it out perfectly.



The key differentiator for me is the location, ignoring infrastructure & skilled labour, the potential for government support here is huge. There won't be any Western government funding support for BRICS aligned projects (read: Brazil). Government support has been key for every rare earth project in the past decade, it appears very challenging to go against the might of a Chinese controlled rare earth supply chain alone.

Recent Western government funding for rare earths projects:
https://www.exportfinance.gov.au/newsroom/transforming-australia-s-critical-minerals-sector/
https://www.industry.gov.au/news/critical-minerals-and-rare-earths-research-projects-receive-22-million
https://www.pm.gov.au/media/2-billion-critical-minerals-boost-crucial-energy-transition
https://www.reuters.com/business/energy/lynas-rare-earths-gets-14-mln-australian-govt-grant-develop-project-2023-06-21/
https://www.miningmagazine.com/operations/news/1457014/us-government-doubles-funding-lynas-rare-earths

And we can't forget about the QLD government Mt Isa project development funding package will start to get rolled out shortly, for which Sybella is a perfect candidate:



Fingers crossed Rob and co can get the story across to the politicians.