just came across this statement from a 'digger' RNU Siviour...

just came across this statement from a 'digger' RNU Siviour Battery Anode Material regarding Government funding
to produce low cost high value supplier of 100% Australian made graphite for lithium-ion battery anodes.

Funding
The Australian Government, through its Critical Minerals Facility, has conditionally approved a loan
facility of A$185 million for the development of the integrated BAM Project. Renascor is progressing
discussions with Export Finance Australia (EFA), the Clean Energy Finance Corporation (CEFC) and
commercial lenders. Renascor has also commenced discussions with potential project partners,
including potential offtakers, regarding equity investments to help further meet the BAM Project’s
capital requirements.

that facility is 3x the current value of ADO...?
ADO is 100% Australian Made low cost high value products: when are we ever going to get a similar funding statement from ADO?

it pays to dig dirt in Australia
it also shows that there still is a lot of future in graphite for lithium-ion battery anodes!

but we are NOT digging dirt so it could be awhile before we get any crumbs from the government....