MARKET REPORT:
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Medallion Resources Ltd (CVE:MDL) (OTCMKTS:MLLOF) has finished the development of a proprietary flowsheet to extract rare-earth element (REE) concentrate from monazite sand. The extraction process, known as “caustic crack,” received an energy-efficient overhaul, according to a statement released Thursday. The new flowsheet includes the option to use a zero liquid discharge, which purifies and recycles all wastewater and allows for planning and permitting flexibility.
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