Neo agrees to buy Greenland rare earth project from Hudson Resources
The Canada-listed firm will buy the Sarfartoq project for a total of $3.5 million if the Greenland government approves the transfer of the license.
August 22, 2022
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LONDON—Neo Performance Materials has agreed to buy a rare earth mining project in Greenland owned by Hudson Resources to supply its growing needs for the minerals to produce permanent magnets, the two Canadian-listed firms said on Monday.
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