Meteoric Resources NL (RNF.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR

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0.1100

0.0000

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At close: 08:00AM CEST

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Reuters
UPDATE 1-Australia's Meteoric signs preliminary deal with Neo Performance to supply rare earths
Australia's Meteoric Resources will supply 3,000 metric tonnes of rare earth oxide per year to Toronto-listed Neo Performance Materials under a preliminary agreement, the companies said on Thursday. Neo's rare earth separation factory in Estonia is expected to purchase the rare earth oxide from the initial output of Meteoric's Caldeira project in Brazil.
CNW Group
Neo Performance Materials and Meteoric Resources Sign MOU for offtake of Caldeira Project in Brazil
Neo Performance Materials Inc. ("Neo") (TSX: NEO) has entered in to a non-binding Memorandum of Understanding (the "MOU") with Meteoric Resources NL ("Meteoric") (ASX: MEI) for offtake of 3,000 metric tonnes (MT) total rare earth oxide ("TREO") per year from Meteoric's Caldeira Project (the "Project") in Minas Gerais, Brazil, to supply Neo's magnet manufacturing plant