Viridis Mining and Minerals Limited (AU:VMM) has released an update.
Viridis Mining and Minerals Limited has announced a joint venture with Ionic Rare Earths Limited, forming Viridion to spearhead the production and recycling of Rare Earth Oxides in Brazil. This strategic move positions Viridion as a potential leader in the Latin American rare earth market, with plans for integrated supply chain development and partnerships with local technological centers. The initiative aims to advance rare earth magnet manufacturing and reduce dependency on Chinese supply chains.
For further insights into AU:VMM stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- No Resolution Between Paramount Global (NASDAQ:PARA) and Nielsen
- Ford (NYSE:F) Enters Mustang Mach-E in Road Rally
- Concerns Growing Over Intel (NASDAQ:INTC) Battlemage Line
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
