Under the original plan, rare earths, zircon, and titanium were to be sold to the Chinese company Shenghe Resources.
The government intends to secure rights to domestically produced minerals. Partner countries are also to benefit.
The deal with the South American bloc could, over the long term, also place Europe’s raw-materials supply on a broader footing.
Critical Metals invests in Arctic-ready infrastructure for the storage and processing of rare earth elements.
In 2024, Viridis delivered strong geological results from the project.
More Germanium, significantly less Gallium: Diverging export trends in technology metals highlight the market’s volatility once again.