Gavin Lockyer, Managing Director of Arafura Rare Earths Limited commented, “We see this opportunity for collaboration as a natural fit with the Nolans Project. Arafura is excited by the opportunity to explore a collaboration with Minhub and GCM to deliver critical ‘magnet feed’ heavy rare earths needed by global magnet makers.”
ASX listed FYI Resources, is a critical minerals development company with an advanced High Purity Alumina (HPA) development project along with its investment in MOPL.
Roland Hill, Managing Director of FYI Resources Ltd made the following statement, “GCM’s Fingerboards Critical Minerals Project is one of the world’s most significant resources of zircon and critical heavy rare earths. Our investment in Minhub aims to create a material downstream sovereign processing facility for critical rare earths for Australia’s emerging mineral sands projects such as Fingerboards. The Minhub Project will facilitate GCM’s aims in delivering the minerals critical to global decarbonisation whilst GCM will be a key source of long-term feedstock for Minhub’s rare earth processing operations”.
