Following a preliminary agreement for a five-year, 1,000 tonne per annum rare earth oxide offtake in December with REEtec, final terms have been struck that ensure the pair will work towards low cost production and a share in the profits.
Australia-headquartered Vital Metals has executed an offtake agreement to underpin its first development, the Nechalacho light rare earth project in Canada's Northwest Territories.
Following a preliminary agreement for a five-year, 1,000 tonne per annum rare earth oxide offtake in December with REEtec, final terms have been struck that ensure the pair will work towards low cost production and a share in the profits.
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