Probably about time the FIRB let one through, controversy over...

Probably about time the FIRB let one through, controversy over China hoarding rare earths at the time didn't help Lynas, MOL hopefully will not be so controversial, otherwise they go back to funding via mining the Fe.

The Chinese will insist on having a controlling interest though, which is why the SPP has been reduced to $20m. If they were happy with just 45% instead of 54% the funding would be more likely to receive a green light IMO.