VML 16.7% 0.3¢ vital metals limited

News: VML Vital Metals Says Vital And Ucore Execute MoU For Supply Of Rare Earth Carbonate

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    Oct 19 (Reuters) - Vital Metals Ltd (VML) :

    • VITAL AND UCORE EXECUTE MOU FOR SUPPLY OF RARE EARTH CARBONATE
    • TO SELL TO UCORE MINIMUM OF 500T REO (EX-CERIUM)/YEAR, COMMENCING H1 2024
    • TO EXPAND PRODUCTION TO SUPPORT MINIMUM OF 50% OF UCORE'S ENVISIONED 5,000T TREO/YEAR PROCESSING CAPABILITY BY 2026
    • MOU WILL POSITION VITAL AS A KEY SUPPLIER OF RARE EARTHS IN NORTH AMERICAN MARKET
 
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