Trump just signed an executive order, invoking emergency powers...

Trump just signed an executive order, invoking emergency powers to secure critical minerals supply for the US. Graphite is one of the minerals targeted in this - with removing the dependency from the China supply being the key driver. US Government will fund projects to develop mines/production.

It was specifically mentioned as a driver of this acquisition, that US government funding for future exploration/mine development might be an option (US has developed Tanzania relations and have funded other projects in the country), and given the success of the team with IPX and the connections they would have in the US, it's a believable story that they might be able to get that done.

Biden had taken a similar lead during his term, looking for government to fund critical minerals supply. I assume this will be very encouraging for the IVG team, if there was uncertainty on whether the new Government in the US was going to continue/expand those programs.