lluka shares soar on WA rare earths refinery funding

According to The Australian Financial Review, taxpayers will lend $1.05 billion to build the first fully integrated, rare earths separation facility in Australia, highlighting the growing appetite for governments to invest in critical minerals supply chains.
Iluka Resources shares surged 8 per cent at the opening of trading on Monday after it vowed to build a $1.2 billion refinery at Eneabba in Western Australia.

https://www.afr.com/companies/mining/taxpayers-lend-1b-for-wa-rare-earths-refinery-20220404-p5aak0