I don't think you can consider that DC is there for marketing purposes. He's made several trips to see them already and likewise HANWA have made at lease one trip to South Australia. However, I do believe this is their first meeting together since the 'PEPR approval'.
In late 2021, realising a gross ageing population problem that is only going to exacerbate, the Japanese Government approved US$904 billion of initiatives aimed at incentivising their companies to ultimately rebuild their middle class and workforce (world first). Also, when you add that to the fact that the Japanese anode market is the largest market for PSG outside of China, and natural graphite supply is predicted to grow at 6.2% CAGR, ie, its in no bubble, it's likely something more substantive is occurring.
RNU's key strategy has always been to attract 'bankable' offtakes. As RNU enter the ASX300 in the next few weeks, it could get very exciting indeed!
All IMO, DYOR, GLTA(patient)H
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