Whilst we are on the subject of REEtec. The below...

Whilst we are on the subject of REEtec. The below info/announcements may be of interest as they are very recent. These very important corporate inter-relationships did not happen overnight and are very unlikely to suddenly evaporate in my view.

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The U.S. government International Development Finance Corporation has recently added to their investment in TechMet, who in turn have recently invested in VML. TechMet’s major shareholders include the U.S. International Development Finance Corporation and the global energy and commodity group Mercuria, which has 38 offices in 27 countries, employs more than 1000 people of 40 nationalities and trades in more than 50 countries, their gross turnover is US$130b. Below is an extract from the DFC's press release regarding their investment in TechMet, dated September 8th 2022.

https://www.dfc.gov/media/press-releases/dfc-board-directors-approves-16-billion-investment-advance-energy-supply-food

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Also see the link below is to the press release from Mercuria, posted on their website on the 8th Nov 2022. In that press release they state:
“Our strategic alliance with Vital Metals is an important pillar of our business plan."
https://mercuria.com/media-room/business-news/reetec-raises-eur-115-million-first-industrial-rare-earth-plant