General Discussions, page-32385

In a different period, the 'risk' would be greater.

However, we live in unique circumstances where Australia is more open for business than ever before.

In a different era, RNU's integrated BAM project would have been a dangerous venture to take on the Chinese-dominated market. However, there’s a greater risk, to global stability and security of supply if this project doesn’t happen.

The clue is in what successive governments have been doing. They are keen to make this happen and will do what it takes for the right projects to succeed, especially a first-mover such as RNU. First, with a Morrison Government support loan of 185 million, and now with more love from the Albanese Government. A bi partisan objective to secure supply-chains that excites Offtakers is inevitable because Africa is proving that it is not up to the task.

The energy transition is in full swing regardless. For example, Rio Tinto will likely secure the purchase Arcadium Lithium to speed up their projects, while BHP acquired OZ Minerals to boost its copper coffers. We will undoubtedly hear a lot more from Albanese and Madeleine King as the Future Made in Australia heats up over the next few months.

RNU by virtue of being in a secure, mine friendly jurisdiction is poised to benefit as graphite restrictions take hold.

ALL IMO, DYOR, GLTA(Patient)H

PS: Answer - RNU BAM Project