“TNG is also progressing discussions with representatives of the Northern Australia Infrastructure Facility (“NAIF”) on its funding assessment process following submission of the Company’s funding application.
The Company considers that it meets the specific eligibility criteria for NAIF funding, given the geographical location of its Project in Northern Australia and the economic and social benefits the Project’s development will deliver, as well as the highly strategic nature of the commodities (vanadium, titanium and iron) expected to be produced.”
Good to see.
The amount and terms of funding from NAIF, could surprise us if it is approved.
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