Mr.
Marc LeVier reports
GREAT WESTERN MINERALS ENTERS INTO MEMORANDUM OF UNDERSTANDING FOR REE SEPARATION SERVICES
Great Western Minerals Group Ltd. has entered into a non-binding memorandum of understanding (MOU) with an internationally recognized provider for REE (rare earth element) separation services. The MOU also calls for continuing technical support as the company reviews and advances the design of its planned production facilities at SKK.
Marc LeVier, company president and chief executive officer, commented: "It has been our objective to look at all alternatives that can get us to production sooner, lower upfront capital requirements and reduce project risk at SKK. This initial agreement sets in place the framework and commitment to continue discussions toward a comprehensive toll separation agreement for future SKK production. Completion of the MOU and the subsequent contract are substantial steps forward in fulfilling the mine to metal vision."
The company will continue to move permitting forward for its proposed separation plant at Vredendal in the western cape of South Africa for possible future consideration.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.