It is an important mou as Neo has established a relationship with a group that has proven separation technology of various mreo and hreo. It manufactures the critical minerals in the ev and advanced tech space. It had a 570 mil CAD revenue last year.
building a plant in Estonia as well.
https://www.neomaterials.com/neo-performance-materials-reports-year-end-2023-results/
News: MEI Neo Performance Materials And Meteoric Resources Sign MoU For Offtake Of Caldeira Project..., page-23
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