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Rainbow enter into gypsum LOI with NEXUS

Rainbow Rare Earths and NEXUS Intertrade have signed a letter of intent to enter into a five-year offtake agreement for the gypsum by-product from Rainbow’s Phalaborwa project in South Africa.

Siobhan Lismore-Scott
Rainbow enter into gypsum LOI with NEXUS

The offtake agreement will be concluded once Rainbow and NEXUS have agreed upon the annual tonnage of gypsum to be supplied and the market-related price pa, with the option for renewal for a further two...

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