Just had another read of the australianmining feature.
Middle Arm recognised by the Fed govt. as an area of priority investment. I reckon that NAIF pot must be getting bigger and bigger
"TNG managing director and chief executive Paul Burton says securing the support and involvement of the Australian Government for the development of a global scale critical minerals project like Mount Peake is significant for the company.
“Apart from getting a single-entry point for Commonwealth Government approvals, the company expects that federal major project status will also open doors in terms of project financing, commercial negotiations and engagement with stakeholders as the award of major project status by the Australian Government is a recognition of the strategic significance of the project to Australia,” Burton tells Australian Mining.
The Mount Peake project location also couldn’t be more strategic. TNG plans to build its processing facility to support the Mount Peake critical minerals production in the Middle Arm Precinct in Darwin, which has been recognised as an area of priority investment by the federal government."
TNG Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
