Normal
$0.125 - up a bit, and still persisting with RE.AR3 awarded $5M Federal Government grant for Koppamurra ProjectHighlights:• $5M Government Grant: AR3 has secured a $5M grant from the Australian Federal Government's International Partnerships in Critical Minerals Program • Koppamurra Project Advancement: This is a substantial step forward for Koppamurra, with the grant supporting additional metallurgical testwork, completion of a Pre-Feasibility Study and building/ operating a demonstration plant• Strategic Partnership with NEO: AR3’s grant application was supported by AR3 shareholder and global advanced industrial materials manufacturer, Neo Performance Materials Inc which has 30+ years of international rare earth magnetics experience; AR3 has previously entered into non-binding MOU for offtake with Neo.• Critical Minerals Focus: This grant funding validates the potential of the Koppamurra Project as a future source of rare earths, helping to create new and diversified supply chains vital to the world’s clean energy transition.
$0.125 - up a bit, and still persisting with RE.
AR3 awarded $5M Federal Government
grant for Koppamurra Project
Highlights:
• $5M Government Grant: AR3 has secured a $5M grant from the Australian Federal Government's International Partnerships in Critical Minerals Program
• Koppamurra Project Advancement: This is a substantial step forward for Koppamurra, with the grant supporting additional metallurgical testwork, completion of a Pre-Feasibility Study and building/ operating a demonstration plant
• Strategic Partnership with NEO: AR3’s grant application was supported by AR3 shareholder and global advanced industrial materials manufacturer, Neo Performance Materials Inc which has 30+ years of international rare earth magnetics experience; AR3 has previously entered into non-binding MOU for offtake with Neo.
• Critical Minerals Focus: This grant funding validates the potential of the Koppamurra Project as a future source of rare earths, helping to create new and diversified supply chains vital to the world’s clean energy transition.
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