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Receiving drip feed  grant money... but will these sorts of speculative plays ever amount to anything?

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Australian Rare Earths Limited has received a A$771,000 Research and Development Tax Incentive for the work being undertaken at its Koppamurra rare earth project in South Australia. The incentive, which takes the form of a cash rebate, is a validation of the innovative and important work that AR3 is doing to support the achievement of the Federal Government's Critical Minerals Strategy 2023-2030 objectives, which include:

• creating a diverse, resilient and sustainable supply chain through strong and secure international partnerships;

• building sovereign capability in critical minerals processing;

• using critical minerals to help Australia become a renewable energy superpower; and

• extracting more value from resources onshore, to creates jobs and economic opportunities, including for regional and First Nations communities.