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Northern Minerals signed a memorandum of understanding with Sinosteel Equipment & Engineering Co., Ltd. to build a 60,000 tonnes per annum pilot plant for the Browns Range rare earths mine in Western Australia, with Sinosteel MECC deferring AUD$12 million of the $60 million cost.
“Northern Minerals Limited (ASX:NTU) said on Wednesday that it has signed a memorandum of understanding with a Chinese company to build a pilot plant for its Browns Range mine located in northern Western Australia.”mining.com
Summarized from public sources; check the original articles before acting on it.