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Neo Performance Materials signs niobium offtake with Globe Metals

Summary by themarketonline.ca

Neo Performance Materials (TSX:NEO) signed a non-binding memorandum of understanding with Globe Metals & Mining (ASX:GBE) for the offtake of up to 150 metric tons of niobium pentoxide per year from the Kanyika project in Malawi The project’s JORC mineral resource estimate delineates 68.3 million tons at 2,830 parts per million (ppm) Nb2O5, 135 ppm Ta2O5 and 80 ppm U3O8 Neo manufactures advanced industrial materials to expedite the net-zero trans…

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Canadian Manufacturing

Neo Performance Materials And Globe Metals & Mining Sign MOU - Canadian Manufacturing

TORONTO — Neo Performance Materials Inc. has signed a non-binding memorandum of understanding with Globe Metals & Mining Ltd. for the offtake of up to 150 metric tonnes per year (MTPY) of niobium pentoxide from the Kanyika Niobium Project in Malawi. Key Highlights The MOU provides the framework for the parties to negotiate a binding commercial offtake agreement for the supply of niobium pentoxide from Globe’s Kanyika Project in Malawi. Under th…

23 hours ago

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