2 different projects. Northern Infrasture Fund (Australia) is to expand the capacity / make more efficient at Butcherbird
I would be shocked if we are getting funding from the USA (a key Australian ally) and the Australian Government isn't putting in money in its own Country for enregy efficent mining - especially this close to an election.
My recollection is that the US Govt funding would be enough funding with the other committed funding partner for that whole Louisana battery project
Can anyone remind me if the US funding was a 'grant' or a 'loan'. If this is a grant - this will absolutely fly.
E25 Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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