front page AFR - Rimas in Washington with PM, page-2

Hello mr Ant.Just been doing a bit of research myself. The PM announced another 2bn for critical minerals fund. He will unveil it at a round table in Washington on Tuesday. The scheme now worth 4 bn provides loans for projects involved in critical minerals lithium, cobalt etc as well as other minerals that are needed in vast quantities to manufacture batteries electric vehicles etc. The govt is now spending 6 bn in value-adding investments in Australian resources. The PM said Australia will be transformed into a renewable energy superpower by harnessing critical minerals we have at home. This is designed to reduce the reliance on china. With A4N at the table in the US with other industry leaders you don’t have to be Nostradamus to work out where this is going. Imho financing for the major plant could be in the bag. What a coup it would be to achieve financing without a capital raise from the punters. I always said this would be a show stopper and I think we may be in for a few surprises in the not so distant future.
cheers buddy. The cloud.