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Peak commits to lease for UK rare earths refinery site

Miner still awaiting special mining licence for its rare earths project in Tanzania

Tom Hoskyns
The layout at Peak Resources proposed rare earths refinery in Teeside, UK

The layout at Peak Resources proposed rare earths refinery in Teeside, UK

The refinery, located on Teeside, is intended to produce up to 2,810tpa of neodymium praseodymium oxide and is expected to cost US$160 million to construct. "The Teesside location provides a major competitive...

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