Finally there's a govt here that recognizes need for us to value add to our resources

"South Australia is on track to become the only jurisdiction outside the northern hemisphere to manufacture primary components in the supply to the electric vehicle battery value chain, following an MoU between Renascor Resources and POSCO.The MoU provides for the purchase of up to 30,000 tonnes per annum of Purified Spherical Graphite (PSG) from Renascor’s planned Battery Anode Material (BAM) manufacturing facility in South Australia and a potential equity investment by POSCO in Renascor."