The Chinese government will be lining up to steal this...

The Chinese government will be lining up to steal this particular project from Western hands. Especially one in Tanzania

Shenghe invested much more than pledging offtake and an existing capital stake. Their search for an exChina resource of high quality rare earths has been 10 years in the making. They have invested in other projects that have fallen through due to government restrictions infuriating their pursuit to extend their sourcing beyond China . They aren't going to let this slip through their fingers yet again and head back to the drawing board For another five to 10 years for another calculative bargain acquisition.

The Tanzania government aren't going to risk evoking the licence and reassuring to Shenghe. That would be not only geopolitical suicide. But totally kneecapping their emerging mining industry.

Just try and get international investor interest after one of your biggest and longest dedicated investment parties. that took the plunge and stuck it out for years, successfully discovers something of value and the Tanzania government just strips it away. No investor worth his salt would go anywhere near the country.

The Tanzania government are clearly frustrated with the lack of mining movement and now that they've finally got some inroads with peak/shenghe They're not going to blow it and put their mining industry back in the dark ages.

All parties have their own motives and they all seem to align with being fully behind the project's progress. The only issue is really for what price the undertaking can be agreed