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Namibia Critical Metals and JOGMEC Amend Agreement to Increase Earn-In Funding for the Lofdal Heavy Rare Earths Project
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Namibia Critical Metals and JOGMEC amend Lofdal Heavy Rare Earths Project agreement, Namibia – Resource World Magazine
Namibia Critical Metals Inc. [TSXV: NMI; OTCQ: NMREF] has agreed with its joint venture partner, Japan Organization for Metals and Energy Security (JOGMEC), to amend the earn-in agreement for the company’s Lofdal Heavy Rare Earths Project in northwestern Namibia. Under the amendment, JOGMEC will increase the project earn-in expenditure commitment by C$3 million to support completion of a Definitive Feasibility Study (DFS) for the project “Lofdal
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