ARU 2.70% 19.0¢ arafura rare earths ltd

Absolutely!!ARU, massive winners in this budget. Here is the...

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    Absolutely!!

    ARU, massive winners in this budget. Here is the background reading of the policy. Released late last year.

    https://amec.org.au/ptc-resources/

    This effectively means we receive 10% of processing costs for the first 10 years. As an example, net costs of $40/kg, are now $4 lower, making us more competitive/profitable for stage 2 expansion.

    Also, did anyone pick up this one from the SMH?

    The budget allocated up to $1.2 billion in cash grants to mining companies for “priority critical minerals projects”, some of which has already been allocated but remains confidential for commercial reasons.




    Last edited by Birchcorp: 14/05/24
 
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