General Discussions, page-26798

Thanks for posting this @TPK.
It is potentially extremely good news for RNU, with graphite featuring heavily with its forecast 24x increase in volume through 2020-2040.

Can't help but think that post-Albo US trip we should soon be seeing the first signs of the ''critically important'' US component.
The $2B top up of the EFA-administered Critical Minerals Facility was the 2nd flagship announcement of the trip, after the $5B Microsoft investment in cybersecurity, cloud computing and AI.

Whether that's from government, noting that in May of this year, EFA and Export-Import Bank of the United States (EXIM Bank) announced a co-financing agreement: https://www.exportfinance.gov.au/newsroom/export-finance-australia-reinforces-strong-ties-with-export-import-bank-of-the-united-states/
or industry, through an automaker keen to keep it's full IRA subsidies as the critical minerals content rules ratchet up:


Note Fairfax's Mike Foley fudged the EFA loan amount to Iluka.
Iluka received $1.25B: https://www.exportfinance.gov.au/newsroom/transforming-australia-s-critical-minerals-sector/
I think QPM may have been provisionally allocated $250M under the CRF.

It's hard to track the total CRF spend, as EFA also looks to have several pots from which to choose its funds, such as last November's $125M support of PLS's Pilgangoora lithium project: https://www.exportfinance.gov.au/newsroom/australian-government-boosts-critical-minerals-production-in-the-pilbara/.

In actual fact, Renascor was the first recipient under the original $2B CRF, along with our intermittent friend Spiddy's company:
https://www.exportfinance.gov.au/newsroom/growing-australia-s-critical-minerals-sector/
It appears there were more conditions placed on the other company's loan compared to RNU :
https://www.miningweekly.com/article/first-loans-approved-under-a2bn-critical-minerals-facility-2022-02-02

Albo should surely see current investment in critical minerals into such as graphite will in the long term for Oz seem Dirty Deeds Done Dirt Cheap.
However, 2023 Ain't (been) No Fun in battery minerals waiting around to be a millionaire.
With some Big Balls however, There's Gonna Be Some Rockin' you'd think for particularly Chinese export licence restricted Problem Child graphite.
RNU has recently made the start of a SP Jailbreak. With a strong Friday on the DOW, this week may be a bit of a Squealer!
Get a Ride On RNU and Rock in Peace all