CXO 4.55% 10.5¢ core lithium ltd

Ann: Federal Major Project Status Awarded, page-6

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  1. 5,229 Posts.
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    Does it really mean that much. ? Would CXO still get the following regardless?
    there maybe a part that involves less cost to CXO but this is not clearly defined.

    Can anyone point out how this actually is a finacial benefit?

    https://www.business.gov.au/grants-and-programs/major-project-status

    2. The project requires Commonwealth Government approvals or involvement

    The project requires either:

    • approvals under Commonwealth Government legislation
    • significant Commonwealth Government involvement, including through government programs

    Commonwealth Government approvals may include:

    • environment and heritage approvals
    • customs and biosecurity approvals
    • approvals under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (and related Acts)
    • foreign investment approval
    • import tariff concessions

    Government programs may include:

    • employment and training programs
    • immigration programs
 
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