Section 1 article

NEEEF & Empowerment

How NEEEF, procurement set-asides, and localisation actually price into deal IRRs.

Empowerment 15 May 2026

NEEEF as Priced Into a Deal IRR: The Calculator and the Empowerment Math

The 25% ownership clause that didn't survive the 2023 NEEEF Bill revision changed the headline number but not the compliance drag. Here is how mid-tier mining services investors should be running the arithmetic.

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