Shenghe Resources terminates rare earth smelting and separation non-local upgrade project cooperation

Shenghe Resources announced on March 29 that in May 2015, four parties - Shenghe Resources, Xi'an Xijun, CHALCO Sichuan, and Zhou Chenggang jointly signed Cooperation Agreement on Rare Earth Smelting and Separation Non-Local Upgrade Project.Asian Metal Copyright Due to the significant uncertainty in the relevant matters during the process of advancement, the four parties have not signed contract for a binding transaction nor have they extended the contract for duration of the agreement.Asian Metal Copyright After the agreement was signed, all parties set up working groups for the project and started pre-project work.Asian Metal Copyright Due to the significant uncertainty in the relevant matters during the process of advancement, the four parties have not signed contract for a binding transaction nor have they extended the contract for duration of the agreement.Asian Metal Copyright Due to the significant uncertainty in the relevant matters during the process of advancement, the four parties have not signed contract for a binding transaction nor have they extended the contract for duration of the agreement.Asian Metal Copyright After the agreement was signed, all parties set up working groups for the project and started pre-project work.Asian Metal Copyright After communication, the project cooperation will be terminated.
.Asian Metal Copyright Due to the significant uncertainty in the relevant matters during the process of advancement, the four parties have not signed contract for a binding transaction nor have they extended the contract for duration of the agreementAsian Metal Copyright