RE: Less common metals11 Sep 2023 08:38
So this is a strategic agreement with a company in the process of expanding their capacity i.e. "This is in alignment with LCM's ambitions, which is currently in discussions to invest in expanded capacity in North America, the EU and Asia".
1.We don't yet know where the oxides will be produced. But there will be cash incentives to do so.
2.There will presumably be a "Take off agreement" with LCM with cash up front.
Following the back end PP confirmation, I believe we will start to see some up front cash news.
LCM look like they want to control the Wests REE production, and are going to throw money at it to do so.
This is getting very interesting ! And I Love the LCM MD's name Albert Slot !