Just having a look at the budget papers again, as the wording is a bit ambiguous.
The below link states the following:
“The Critical Minerals Facility and the Northern Australia Infrastructure Facility are supporting the critical minerals industry to build sovereign capabilities. Finance from these facilities has contributed to … revising previously approved finance of $185 million to Renascor Resources for its Siviour Graphite project in South Australia.”
I think the wording here is positive and indicates further funding to RNU under the critical minerals facility (in addition to the $185m).
