Jim Chalmers’ setting the scene for significant investments in our critical mining sector. Why else would he be talking about 'sweeping changes to overhaul Australia's foreign investment system in the name of national security'. ABC story
He's essentially saying (not suggesting) that, when the May budget is released in a few weeks, a lot of foreign investments should flow into our companies that have access to Australia's critical minerals. The catch is that these investments can only be made by citizens/companies of like-minded nations.
The geopolitics of supply and security throughout the world are reaching a turning point, and it seems Chalmers is positioning Australia at the centre of global investment—but only if we 'agree' with you.
RNU is poised to benefit and the voices coming from government are making it tangible. Big weeks coming up!
AIMO, DYOR, GLTA(patient)H
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Price($) | Vol. | No. |
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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