The truth is.....Even if PREV did not exist, Asterion still would have received it's Australian 'Major Project Status'. Meaning, PREV has no direct link to this project, other than being a Joint Venture Partner, on a much different joint venture.
With respect to the receiving 'Major Project Status' from Australia, means....
Major Project Status recognises the strategic significance of a project to Australia, and provides coordination and facilitation support as well as a single entry point to a coordinated approvals process. https://www.business.gov.au/assistance/major-project-status Asterion is still very much on their own to partner, secure the necessary $450 million for Capital Expenditures.