KIS would qualify for several grants and government financing initiatives,
For example,
Export Finance Australia's Supporting critical minerals initiative.
The Australian Government has directed us to place a greater focus on critical minerals projects and related infrastructure to diversify critical mineral supply chains and further up the value chain to downstream processing.
Where a resource project (and related infrastructure) involves critical minerals important to defence end use, and is otherwise in Australia’s national interest, finance may be available through the Government’s Defence Export Facility, which we administer.KIS qualifies for several different government grants and financing initiatives.
https://www.exportfinance.gov.au/what-we-do/project-structured-finance/supporting-critical-minerals-projects/
The grant would most likely come from the newly announced (March 2021) value-add plan for critical minerals ($1.3bn) which is designed to reduce dependency on China and part of the Resources Technology and Critical Minerals Processing Roadmap. Since China controls 80% of the Tungsten market, there is no better example.
The moves are part of a broader push to make Australia one of the developed world’s linchpin suppliers of rare earths and critical minerals as concerns grow over China, which currently dominates supply.
https://www.copyright link/politics/federal/morrison-to-launch-10-year-critical-minerals-value-add-plan-20210303-p577he
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