St George Mining Ltd (ASX:SGQ, OTC:SGQMF) has entered a collaboration with the State of Minas Gerais and Brazilian industrial group Lima & Pergher to ****** s the development of a rare earths processing centre that could form a key part of Brazil's domestic mine-to-magnet supply chain.
The proposed Minas Gerais Rare Earths Processing Centre would process material from emerging projects across the state, including St George's Araxá Rare Earths-Niobium Project, and could produce refined materials suitable for downstream magnet manufacturing.
The parties have signed a Protocol of Intent establishing a framework to evaluate the centre, including the potential for its joint construction and operation. The initiative was unveiled at the EXPOSIBRAM mining conference in Belo Horizonte.
The processing centre would target the midstream portion of the rare earths supply chain, with the ability to handle feedstocks including rare earth concentrates, mixed rare earth carbonate and oxalate.
Its potential products could feed downstream users including MagBras, which is developing Brazil's first rare earth magnet-making facility.
#rare #centre #minas #mining
The proposed Minas Gerais Rare Earths Processing Centre would process material from emerging projects across the state, including St George's Araxá Rare Earths-Niobium Project, and could produce refined materials suitable for downstream magnet manufacturing.
The parties have signed a Protocol of Intent establishing a framework to evaluate the centre, including the potential for its joint construction and operation. The initiative was unveiled at the EXPOSIBRAM mining conference in Belo Horizonte.
The processing centre would target the midstream portion of the rare earths supply chain, with the ability to handle feedstocks including rare earth concentrates, mixed rare earth carbonate and oxalate.
Its potential products could feed downstream users including MagBras, which is developing Brazil's first rare earth magnet-making facility.
#rare #centre #minas #mining
2 months ago