ASX-listed Alkane Resources has signed a letter of intent (LOI) with material company Vietnam Rare Earth JSC (VTRE) to toll process rare earth concentrate from the Dubbo zirconia project, in New South Wales, into individual rare earth products.
Subject to the completion of a due diligence, VTRE would toll process a rare earth concentrate from the Dubbo project to produce separated rare-earth oxides to agreed customer specifications.
