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Modern metallurgical tests has demonstrated the asset's power to create superior-purity magnetic rare earth oxides at a recovery price of ninety two per cent or better.
On July nine, Ucore announced the execution of a non-binding memorandum of knowledge with Cyclic Components that aims to to qualify Cyclic's recycled rare earth oxide product or service in Ucore's system.
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Arafura Assets, an Australian rare earths organization, has secured governing click this site administration funding to advance its Nolans rare earths task in the Northern Territory. Arafura is currently Doing work towards a last investment determination for Nolans, that is shovel Prepared.
In early June, HyProMag entered a non-binding memorandum of comprehension with Envipro Holdings, a Japanese recycling and resources trader, to produce rare earth magnet recycling initiatives in Japan plus the United kingdom, together with marketing and advertising and possibly developing of its HyProMag technology in Japan, together with scrap recycling trials in both of those international locations.