The Wall Street Journal claims this achievement is mainly due to the Enfi is a state-owned company, which helped the project survive its rocky start.
So? That’s the point.
However, according to Reuters’ report, the Australian government classified nickel as a “critical mineral” in February 2024, opening the door for the crisis-hit industry to access billions in low-interest government loans. It’s unclear whether the Wall Street Journal overlooked or deliberately ignored this fact.