Ucore Rare Metals (TSE:UCU) has released an update.
Ucore Rare Metals and ABx Group have signed a Memorandum of Understanding to strengthen the Australia-USA rare earths supply chain. The agreement outlines plans for a binding offtake arrangement for mixed rare earth carbonates and a potential investment by Ucore in ABx’s Tasmanian rare earths project. This collaboration aims to reinforce the critical minerals sector and support clean energy initiatives between the two nations.
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