Understand the information used to make the Loan to Illuka Resources
Dear Export Finance and Insurance Corporation,
Recently you made a loan agreement with Illuka Resources to build a Rare Earths processing facility in Australia.
I am requesting the information that this decision to lend $1.2B AUD of taxpayer money was based on. That includes the JORC resource that would validate the actual value of the feedstock at Eneabba Illuka claims it will use within this facility.
Anything other than a full JORC report would not give adequate information to make this decision. Please provide this and whatever other validating information you used to provide the loan.
Yours faithfully,
Liam Thomas
We acknowledge receipt of the request made under the Freedom of
Information Act 1982 (Cth) by email on 8 March 2023.
Export Finance Australia will be in touch shortly via this email address.
Sincerely,
Export Finance Australia
E [1][email address] W exportfinance.gov.au
P (02) 8273 5333
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Dear Mr Thomas
We refer to your email to Export Finance Australia dated 8 March 2023
seeking access to certain documents under the Freedom of Information Act
1982 (Cth).
Export Finance Australia's decision in relation to this request is
attached.
Sincerely,
Export Finance Australia
E [1][email address] W exportfinance.gov.au
P (02) 8273 5333