Rare Earth – Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF) announced updates on recent developments. The Company continues to negotiate financing and investment terms with interested sovereign-related parties who want to locate the facility at a suitable industrial site within their jurisdictions. Constructive dialogue is also ongoing with heavy-mineral-sands producers that have sufficient monazite resources to supply Medallion's targeted initial rare-earth-oxide production of 10,000 tonnes per annum. These discussions have advanced beyond the supply of monazite to include potential partnerships, or some other form of participation, in the processing of the monazite.
Articles Tagged "TSXV:MDL"
Rare Earth – Many rare earth juniors had their valuations crushed this year, but a few showed notable gains.
Rare Earth – Medallion Resources (TSXV:MDL,OTCQX:MLLOF,FWB:MRD) announced that it has completed preliminary processing technical plans, including flow sheets and initial capital and operating financial models, for a monazite-based rare-earth processing facility, which is expected to be constructed in the Middle East.
Rare Earth – Medallion Resources Ltd.(TSXV:MDL) announced that it has chosen to build its proposed large-scale in the Middle East. After a series of reviews and site visits, the Company settled on the Gulf States.
Rare Earth – Medallion Resources Ltd. (TSXV:MDL,FWB:MRD) appointed Mr. Sothi Thillairajah as General Manager -- Middle East, and Mr. Warwick Bartle as Director, Feedstock Acquisition.
Rare Earth – Medallion Resources Ltd.(TSXV:MDL) announced receiving a new report on its proposed large-scale monazite, rare-earth extraction facility. Medallion are currently sourcing rare-earth producers through purchase agreements and monazite- processing joint ventures. The SENES Consultants' report states that the proposed extraction facility can be operated safely.
Rare Earth – Medallion Resources Ltd.(TSXV:MDL) announced the appointment of Hamza Thindal Capital Corp. to mange the Company's investor relations services. Hamza Thindal plan to develop a new investor relations and marketing program.