Intervention by the Australian Government is likely to prevent increased Chinese influence on NTU. The Browns Range project hosts uniquely enriched heavy rare earth element minerals. Maintaining western control of the asset has become a strategic imperative. Five Sino-aligned shareholders will be forced to sell down after it was declared their investment was not in Australia’s national interest. Rapid divestment by these parties could negatively impact NTU’s share price in the short term. With the pendulum of control swinging back into the hands of Western aligned shareholders we anticipate strategic partner (ASX:ILU, Not Rated) could become increasingly involved.
To access the full report please log in under the Client Area at the bottom of this page.
Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as create custom portfolios and set up company watch lists.
If you would like to access our research please contact us to create an account.
