13 June 2025
13 June 2025
The approach will enable the acceleration of value generation through additional resources.
This strategic move, finalised via a recent decree, is part of a broader initiative to increase the nation's control over its mineral wealth.
The initiative is being undertaken in collaboration with Wellspring Hydro, with commissioning scheduled for the second half of June 2025.
Recent disruptions in Myanmar's northern mining belt, which has been taken over by an armed group, have prompted Chinese miners to seek new sources in the Shan state.
The Kingston Centre of Excellence will feature Cyclic Materials' first commercial hub processing unit, using the company's proprietary REEPure technology.
This transaction, known as the La Mancha Shares deal, was conducted offshore through a private agreement.
This development aligns with the US Government's efforts to boost domestic mineral production.
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