Last comment the US money is CAP EX offset. So its actual...

Do not overlook that MP has built a large metals and magnet facility they is they have now are occupied by over 60 manufacturing engineers, Scientist, and a few management permanent management people. ng The final testing in lab before building out the factory. Many of the more basic machines have been delivered. they are using high purity separated Oxides from there own separation. Current schedule is low volume production in 2024 and high volume in mid 2025. Way ahead of Lynas and so far they have been doing great at keeping schedule and cost which Lynas has never done.

They have used private financing which has helped them stay on Schedule with both CA and TX. Unlike Lynas who has used US, and JA money which has caused a lot of problems. Lots of people on this board cheered US funding except me I pointed out that US funding would cause problems. They were suppose to be on line with Texas fall of 2022 now they have not even started and ground breaking is this spring and total cost, schedule are unknow and final capacity is, is still unknown. I think people will be shocked when final capacity is small or cost goes way beyond what USG agreed to pay,

Last comment the US money is CAP EX offset. So its actual benefit will be spread over 20 to 30 years adding little to year to year profit. Which production in late 2022 would have done immediately. Just something to consider.