Expand processes and increase vertical integration. The aim is to be able to process different waste streams and produce more rare earth products.
The Australian mining company plans to offer dysprosium and terbium from 2025.
The two parties will explore fields of collaboration, including possible off-take agreements from Meteoric’s Caldeira rare earth project in Brazil.
The precious metal is used in electrochemical processes, including hydrogen production.
According to an industry report, demand for coal, oil, and other fossil fuels is growing in many regions, even though renewable energies are on the rise.
Export restrictions for the two technology metals, gallium and germanium, were imposed in China almost one year ago.