Search Minerals and USA Rare Earth sign MoU for offtake of rare earths
2021-10-25 09:56:39 【Print】
Canada-based Search Minerals and USA Rare Earth have deepened their relationship with a nonbinding memorandum of understanding for an offtake of 500 t/y of neodymium/praseodymium from future production at the Deep Fox and Foxtrot deposits, in Labrador, Canada.
Search is aiming to deliver a preliminary economic assessment on the combined Deep Fox and Foxtrot deposits in the first quarter of 2022 and plans to process an 80-t bulk sample material for magnetic demonstration plant testing.
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Search is aiming to deliver a preliminary economic assessment on the combined Deep Fox and Foxtrot deposits in the first quarter of 2022 and plans to process an 80-t bulk sample material for magnetic demonstration plant testing.
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