Ann: Major Rare Earth discovery along MEU tenement boundary, page-11

Amazing news,
I have cut the below from an announcement from RareX asx REE.

There is huge potential to get some government money to speed things up!

RareX also notes recent increases in Government support in the critical minerals sector including rare earths. This ongoing transformation in terms of support and the significant change in the financial ecosystem for the critical materials sector is highlighted by the fact that two Australian peers in the rare earth sector recently secured significant financing support from the Australian Government.On 4 April 2022, Iluka (ASX: ILU) secured $1.2 billion worth of support from the Federal Government's Export Finance Australia for their domestic Eneabba rare earth oxide refinery in Western Australia. The significance of this transaction is emphasized by the fact that the same agency granted $719 million in total loans, guarantees and bonds the previous financial year.On 2 February 2022, Hastings (ASX: HAS) secured a loan of up to A$140-million from the Northern Australian Infrastructure Fund (NAIF) for their Yangibana mixed carbonate rare earth project in Western Australia and, on 16 March 2022, Arafura (ASX: ARU) was awarded grant funding of $30 million under the Federal Government’s Modern Manufacturing Initiative (MMI).Additionally, $239 million in loans have been granted to EcoGraf Ltd (ASX: EGR) and Renascor Resources (ASX: RNU) through the Critical Minerals Facility.

Giddy up.