20
Oct
16:28
RARE EARTH: Vital Metals, Ucore execute MOU for rare earth carbonate
Vital Metals and Ucore Rare Metals have signed a non-binding memorandum of agreement for Vital to supply rare earth carbonate feedstock for Ucore’s planned Alaska project, Kallanish reports.
Under the agreement, Vital will sell Ucore a minimum of 500 tonnes/year of rare earth oxides, excluding cerium, beginning in the first half of 2024. Vital will expand production to support a minimum of 50% of Ucore’s planned 5,000 t/y of total rare earth oxides pro…
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