Ionic Rare Earths and Viridis Mining and Minerals joint venture Viridion has signed a memorandum of understanding (MoU) with the owner of Lab Fab, the first rare earth magnet laboratory in South America, to secure rare earth magnet production capacity. The new pact with SENAI FIEMG Innovation and Technology Centre of Minas Gerais is set to make Viridion the first…
Read MoreCanadian-based Latin Metals has confirmed its acquisition of the 68,000-hectare Terraza copper project in the Juyay province of Argentina. Latin Metals’ is a first mover in exploring sediment-hosted copper deposits in this emerging belt and, with this acquisition, increases its ground holding to more than 500,000 hectares. “Latin Metals’ exploration efforts in northwest Argentina are focused on understanding and unlocking…
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Metso Outotec has been awarded a shutdown service contract for a flash smelting furnace at an undisclosed copper processing facility in South America. The OEM said approximately 50% of the order value, which exceeds EUR 10 million, is booked in Metals’ fourth-quarter orders received and the rest in Minerals’ orders received. The scope of delivery includes a complete reconstruction of…
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