Minhub aims to process third party mineral concentrate and supply rare earth rich xenotime and monazite mineral products to select markets. This includes potentially supplying Arafura Rare Earths Ltd (ASX:ARU, OTC:ARAFF) with the rare earth mineral xenotime, enabling a significant increase in the supply of critical magnet feed rare earth metals dysprosium and terbium for key markets such as electric vehicles. R&D tax incentive initiative The R&D tax incentive is an Australian Federal Government initiative, jointly administered by AusIndustry and the ATO, under which eligible companies can receive cash refunds of up to 43.5% of all eligible expenditure on designated research and development projects.