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Friday, 10/31/2025 4:22:46 AM

Friday, October 31, 2025 4:22:46 AM

Post# of 2380
No time like the present!
https://www.reuters.com/business/australias-hastings-negotiate-offtake-deal-with-ucore-yangibana-project-2025-10-31/
We are pleased to announce that the Yangibana Joint Venture (JV) partners, (Wyloo 60%, Hastings 40%) have signed a non-binding Heads of Agreement (HoA) with Ucore Rare Metals Inc (Ucore).

The HoA sets out a cooperative framework for the Yangibana JV and Ucore to negotiate a definitive, long-term offtake agreement. Under the terms of the HoA, the Yangibana JV will negotiate in good faith to supply Ucore with up to 37,000 tonnes per annum of rare earth concentrate from the Yangibana Project.

This HoA will also explore the prospect of the Yangibana JV and Ucore establishing an integrated rare earth supply chain in North America using proprietary process flow technology from the Yangibana JV and integrating it with Ucore’s proprietary Rapid SX oxides separation technology. The parties will jointly investigate hydrometallurgical processing options in the United States for the conversion of rare earth concentrate into MREC.
https://wyloo.com/media-release/yangibana-jv-partners-with-ucore-rare-metals-to-advance-rare-earth-processing-in-the-united-states/

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