Major cost overruns another 1/2 bill needed and only approx. $50 mills spent so far. First funding test for the AUS authorities when it comes to backing RE processor funding within AUS borders.
Where are the Iluka offtake talks the likes of processors ASM, Arafura, MP even Ucore (claimed re own product offtakes) have referenced in releases? Where is the strategic and/or major private funding that others in the same boat have received in 2023/24?
In fact, is there any relationship here with the 7% jump in the Lynas sp for no apparent reason today?
Competition comes and it goes but both movements impact other direct competitors.
Arafura Rare Earth, page-122
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