Ramaco Resources, Inc. Announces the Entry into a Non-Binding Memorandum of Understanding with REalloys, Inc.
REalloys has entered a non-binding memorandum of understanding with Ramaco Resources to establish a strategic relationship focused on the domestic rare earth supply chain. Under the MOU, Ramaco would supply Mixed Rare Earth Carbonate (MREC) from its exploratory Wyoming project for separation at REalloys' Saskatchewan facility, and scandium oxide from its Brook Mine for metallization in Ohio.
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