If this is indeed a 185m zero interest loan as part of the Oz...

If this is indeed a 185m zero interest loan as part of the Oz govt version of the Inflation Reduction Act, should see this through to production as you said.

Off to the races if so, and good to see Australian Govt support (if it's the case). They're blowing billions on other stuff, maybe as well get some local value add going.

Edit:
From AFR

The prime minister will pledge another $185 million in loans to Renascor Resources to fast-track the development of its Siviour Graphite Project in South Australia.


"“Renascor Resources will deliver the sustainable and ethically sourced production of Australian-made purified graphite, for use in lithium-ion batteries required for electric vehicles and renewable technologies,” Mr Albanese said."