@AlexLeaGeoDude Haha cheers. Trusted your gut all you can do mate. Honestly nothing I haven't even been looking especially in the RE space.
@SmallCapBuyer is a good one to follow he's got a keen eye on RE small caps.
Official from Solvay
https://t.co/qAXxyfOTIN
Strategic partnership aimed at securing critical feedstock to meet global rare earth demand
Solvay today announced it has entered into a Letter of Intent (LOI) with Viridis Mining and Minerals to secure a strategic supply of rare earth materials by 2028, reinforcing the resilience and diversification of critical materials supply chains. Both companies will now work toward finalizing a definitive sourcing agreement.
Under the terms of the LOI, Viridis is expected to supply critical rare earth feedstocks from Brazil to Solvay’s La Rochelle plant in France. Solvay will provide a recognised rare earth separation expertise and processing technology to accelerate feedstock supply from Brazil. This collaboration would leverage Solvay’s advanced processing, separation and formulation capabilities to refine rare earth raw materials into the individual high-purity oxide elements essential for electric vehicle motors, renewable energy, advanced electronics and defense systems.
The feedstock includes key rare earths for permanent magnets, notably neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb), supporting increasing global demand. It contains an important distribution of additional heavy rare earths, such as samarium (Sm), gadolinium (Gd) and yttrium (Y), used in critical advanced technology sectors such as automotive, electronics, medical and aerospace applications.
By leveraging our recognized rare earth separation expertise and processing technology to accelerate feedstock supply from Brazil, Solvay has signed a Letter of Intent with Viridis Mining and Minerals Limited to secure a strategic supply of rare earth materials for our La Rochelle plant in France.
This agreement secures a reliable pipeline of Dysprosium (Dy) and Terbium (Tb) alongside Samarium, Gadolinium, and Yttrium. These elements are essential for the next generation of high-performance electric vehicle motors, wind turbines, aerospace, and defense systems.
Our La Rochelle facility is one of the largest rare earth separation plants outside China capable of processing all rare earth elements at an industrial scale. This collaboration is a massive step toward our broader goal: supplying 30% of the European market for magnet-grade light and heavy rare earths by 2030.
As An Nuyttens, President of Solvay’s Special Chem business, noted: "This proposed transaction marks a significant milestone in strengthening and diversifying our upstream supply chain. By partnering with Viridis, we ensure another reliable source of raw materials that allows us to maximize our processing capacity and meet the growing global demand for high-purity, sustainably processed rare earth elements."
Thank you to Rafael Moreno and the Viridis team. Together, we are building a more resilient, diversified, and responsible value chain for the future.
#RareEarths #SupplyChain #CriticalMinerals @SolvayGroup@Viridis_VMM #Tb #Dy #Sm #Gd #Yttrium #NdPr
Official from Solvay
https://t.co/qAXxyfOTIN
Strategic partnership aimed at securing critical feedstock to meet global rare earth demand
Solvay today announced it has entered into a Letter of Intent (LOI) with Viridis Mining and Minerals to secure a strategic supply of rare earth materials by 2028, reinforcing the resilience and diversification of critical materials supply chains. Both companies will now work toward finalizing a definitive sourcing agreement.
Under the terms of the LOI, Viridis is expected to supply critical rare earth feedstocks from Brazil to Solvay’s La Rochelle plant in France. Solvay will provide a recognised rare earth separation expertise and processing technology to accelerate feedstock supply from Brazil. This collaboration would leverage Solvay’s advanced processing, separation and formulation capabilities to refine rare earth raw materials into the individual high-purity oxide elements essential for electric vehicle motors, renewable energy, advanced electronics and defense systems.
The feedstock includes key rare earths for permanent magnets, notably neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb), supporting increasing global demand. It contains an important distribution of additional heavy rare earths, such as samarium (Sm), gadolinium (Gd) and yttrium (Y), used in critical advanced technology sectors such as automotive, electronics, medical and aerospace applications.
By leveraging our recognized rare earth separation expertise and processing technology to accelerate feedstock supply from Brazil, Solvay has signed a Letter of Intent with Viridis Mining and Minerals Limited to secure a strategic supply of rare earth materials for our La Rochelle plant in France.
This agreement secures a reliable pipeline of Dysprosium (Dy) and Terbium (Tb) alongside Samarium, Gadolinium, and Yttrium. These elements are essential for the next generation of high-performance electric vehicle motors, wind turbines, aerospace, and defense systems.
Our La Rochelle facility is one of the largest rare earth separation plants outside China capable of processing all rare earth elements at an industrial scale. This collaboration is a massive step toward our broader goal: supplying 30% of the European market for magnet-grade light and heavy rare earths by 2030.
As An Nuyttens, President of Solvay’s Special Chem business, noted: "This proposed transaction marks a significant milestone in strengthening and diversifying our upstream supply chain. By partnering with Viridis, we ensure another reliable source of raw materials that allows us to maximize our processing capacity and meet the growing global demand for high-purity, sustainably processed rare earth elements."
Thank you to Rafael Moreno and the Viridis team. Together, we are building a more resilient, diversified, and responsible value chain for the future.
#RareEarths #SupplyChain #CriticalMinerals @SolvayGroup@Viridis_VMM #Tb #Dy #Sm #Gd #Yttrium #NdPr
@TwinTurboCe1ica Issue I see it getting caught up on is the Thorium Levels.
chrome-native://pdf/link?url=content%3A%2F%2Fmedia%2Fexternal%2Fdownloads%2F1000002091
$VMM
https://t.co/Nn5KzRI9mE
Credit to @FFailings Next 5 weeks could be astronomical for progress for Viridis.
Demo Plant Commission/MRE Update/Potential Offtakes Confirmed (EU my bet) and DFS all by Now to End June.