Budget panel authorizes up to $16M loan to process rare-earth resources after tense debate over government role The budget footnote added a loan authority of up to $16 million, with the State Treasurer and Wyoming Energy Authority involved; members debated whether a loan (rather than a grant), source of funds (LSRA vs. CIPA), and the wisdom of state involvement given foreign-processing dominance.

Wyoming is poised to make a bold move with a proposed $16 million loan aimed at boosting domestic rare-earth processing, sparking heated debates over the role of government in industry.

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Witbooi calls for Africa to industrialise and process its resources Witbooi calls for Africa to industrialise and process its resources NBC Online Thu, 09/04/2025 - 17:54

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