Medallion Resources’ magnet metals plans advance as it hires engineer Stantec to find US processing plant site
The firm aims to produce rare-earth elements through the processing of monazite tailing streams
Medallion Resources Limited (CVE:MDL) (OTCMKTS:MLLOF) continues to advance its plans to produce magnet metals and has hired international engineer Stantec to find a site in the US for its rare-earth element (REE) extraction plant.
The firm aims to produce rare-earth elements through the processing of monazite tailing streams using feedstock sourced from the southeast of the US.
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