“This is the first of its kind between an Australian supplier and the US, accelerating our rare earth project significantly.” – Mark Cooksey, Managing Director of ABx Group (ASX:ABX)
Join Shae Russell as she sits down with Mark Cooksey to discuss ABx Group’s exciting new memorandum of understanding (MoU) with Ucore Rare Metals (TSX-V:UCU).
This landmark agreement focuses on three major aspects: a binding off-take for mixed rare earth carbonate, potential investment from Ucore, and a strategic collaboration to strengthen rare earth supply between Australia and the US.
Cooksey dives into why this deal is so significant, highlighting the downstream interest from rare earth companies and how this partnership will help ABx Group fast-track its project.
Learn more about the next steps in the collaboration, including Cooksey’s upcoming visit to Ucore’s demonstration plant in Toronto.
Key Topics Discussed:
- Overview of the ABx-Ucore memorandum of understanding.
- Why downstream companies like Ucore are investing in mining projects.
- The strategic significance of strengthening the US rare earth supply chain.
- Next steps for ABx’s rare earth project and upcoming collaboration milestones.
- Mark Cooksey’s visit to Ucore’s demonstration plant in Toronto.
Stay tuned for all the latest developments on ABx Group’s rare earth journey!
