At the end of July, Mkango's wholly owned subsidiaries and the government of Malawi signed a mining progress settlement for your Songwe rare earths challenge confirming the fiscal phrases for its enhancement, like a 10 p.c desire to Malawi's govt and exemption from personalized and excise duties imports and exports.

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Latest metallurgical tests has shown the asset's capacity to make significant-purity magnetic rare earth oxides in a Restoration rate of 92 % or greater.

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Want to take a position in rare earth metals? Here is a breakdown with the rare check my reference earths sector's fundamentals, and also how to get exposure to the marketplace.

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The corporation went public in mid-2020 soon after buying the Mountain Go mine in California, the one operational US-based rare earths mine and processing facility.

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Arafura Resources, an Australian rare earths company, has secured government funding to advance its Nolans rare earths challenge inside the Northern Territory. Arafura is at this time Performing toward a closing investment decision for Nolans, that's shovel ready.

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