Matamec Gets $1.041M from Japanese Partner, Releases Update on Kipawa Project
Tantalum – Matamec Explorations Inc (TSXV:MAT, OTCQX:MHREF), a junior mining company which explores tantalum and other rare earths, has announced that its Japanese partner company, Toyotsu Rare Earth Canada, has issued $1.041M CDN as part of its agreement to supply heavy rare earth to Toyota, through its Kipawa mine. The company has also issued an update on the project, saying the metallurgical development has progressed significantly.
