Australian heavy rare earths developer, Northern Minerals Limited (ASX: NTU) notes an article in The Australian this week regarding discussions between Prime Minister Malcolm Turnbull and US President Donald Trump for the potential supply of rare earths to the US. Northern Minerals sees this as potentially leading to opportunities for opening the US market for its high quality dysprosium that will soon be produced from its Browns Range Project.
Australian heavy rare earths developer, Northern Minerals Limited (ASX: NTU) (the Company) notes an article in The Australian 28 February, page 26 regarding discussions between Prime Minister Malcolm Turnbull and United States President Donald Trump for the potential supply of rare earths to the US.
During Mr Turnbull’s trip to the White House this week, he and Mr Trump held discussions over a plan to link the US with Australian enterprises. Those discussions included technology materials such as rare earths.
“The United States and Australia agreed to work together on strategic minerals exploration, extraction, processing and research and development of rare earths and high performance metals to sustain the jobs of today and develop the jobs of tomorrow” the US President was quoted as saying.
Northern Minerals sees this as potentially leading to opportunities for opening the US market for its high quality dysprosium that will soon be produced from its Browns Range Project.
Northern Minerals Managing Director George Bauk said: “As construction at Browns Range nears completion and we enter the production phase of the project, these discussions reinforce the growing demand for heavy rare earths from an economic powerhouse such as the United States
