St George Mining signs MoU with Xinhai for Araxá niobium-REE project in Brazil

St George Mining signed a binding MoU with Shandong Xinhai Mining Technology & Equipment Inc for collaboration on the Araxá Niobium-REE Project in Brazil, including an A$8 million equity investment and an EPC contract.

“The two companies have signed a binding Memorandum of Understanding (MoU) that provides a framework for collaboration and includes an A$8 million equity investment and engineering, procurement and construction (EPC) deal.”proactiveinvestors.com

• 1 source
• proactiveinvestors.comSt George Mining in groundbreaking MoU with global mining engineering firm Xinhai | ASX:SGQ, OTC:SGQMFJohn MillerFeb 11, 2025

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