Arafura Rare Earths (ASX:ARU) signed a memorandum of understanding with the e Saskatchewan Research Council for the potential processing of samarium-europium-gadolinium heavy rare earths from the Nolans project, according to a Monday filing with the Australian bourse.
Both parties will now hammer a final contract for the toll processing of materials from SRC's rare earth facility in Saskatoon to extract dysprosium and terbium, the filing added.
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