Birdwatch Note Rating
2024-03-14 08:59:19 UTC - HELPFUL
Rated by Participant: E8BAC863DA886EC6F1CDCE3F16120F53BF83982AA246DFE2BEB558B71FBE701F
Participant Details
Original Note:
Read the article. $810m of the $840m is in the form of loans. This is part of support for the critical minerals sector. Arafura Rare Earths is a publicly listed company in which Gina Rinehart has purchased a 10% share. https://www.afr.com/companies/mining/rinehart-backed-arafura-gets-840m-in-taxpayer-aid-for-nt-project-20240313-p5fc6r
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