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REalloys Inc. signed a Memorandum of Understanding with St George Mining Limited to collaborate on the commercialization of rare earth minerals from the Araxá Project in Minas Gerais, Brazil. The alliance includes a long-term offtake agreement for up to 40% of Araxá's rare earth production.
“This MOU is an important milestone for REalloys as we continue to secure high-grade rare earth feedstock for our U.S. operations.”nasdaq.com
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