• Ionic Rare Earths signs milestone non-binding MOU with global rare earth giant Chinalco
• Chinalco is the world’s largest rare earth miner and separator by market capitalisation
• The parties to cooperate to accelerate mine development and production of the Makuutu Rare Earth Project including potential off take agreements and Project funding
• Attracting Chinalco is a significant endorsement of the Makuutu Project as a globally strategic long-life supply of critical and heavy rare earths
• Scoping Study outlining preliminary economics for Makuutu due for release mid-April
SCP Equity Research
October 25, 2023
SCP Equity Research Makuutu Project – October 13th 2023 Read now