St George Mining Partners with SKI on Araxá Project

St. George Mining Ltd. (AU:SGQ) has released an update.

St George Mining Ltd. has entered into a non-binding Memorandum of Understanding with SKI HongKong Limited to collaborate on the Araxá niobium-REE Project in Brazil. This partnership aims to advance the project’s feasibility studies, with potential offtake arrangements and financing opportunities on the horizon. SKI’s involvement highlights the project’s potential as a significant supplier of niobium amidst growing global demand.

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