Hexagon Resources to acquire 49% stake in Innovation Metals' rare-earth separation technology

Hexagon Resources signed a binding investment agreement to acquire a 49% interest in Innovation Metals' RapidSX rare-earth separation technology. A joint venture will build a commercial demonstration plant in the US, with completion scheduled for Q3 2020.

“Australia-based Hexagon Resources has signed a binding investment agreement for an option to acquire 49 percent interest in an advanced downstream rare-earth element separation technology developed by US-based Innovation Metals.”miningconnection.com

• 1 source
• miningconnection.comHexagon Resources to Acquire Stake in Rare-earth Elements Separation Technology | Mining Connection — The Link For All Your Mining ResourcesOct 14, 2019

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