I would say MEI is going to play a BIG part in the future of Lab Fab. It appears Minas Gerais have been working on the program for some time. My guess would be since the initial drilling by JOGMEC revealed what the Caldera could deliver if developed.
Here is some info on the magnet plant project,
LabFab
Ann: MoU Signed With Latin America's First Permanent Magnet Maker, page-5
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