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Defense Metals and The Saskatchewan Research Council Enter into a MOU to Enhance the Domestic Rare Earth Element Supply Chain
Defense Metals and The Saskatchewan Research Council Enter into a MOU to Enhance the Domestic Rar...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n\n\n\n Defense Metals and The Saskatchewan Research Council Enter into a MOU to Enhance the Domestic Rare Earth Element Supply Chain\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 26, 2024\n \n\n /CNW/ -\n \n Defense Metals Corp.\n \n (\"\n \n Defense Metals\n \n \" or the \"\n \n Company\n \n \"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the signing of a Memorandum of Understanding (\"MOU\") with The Saskatchewan Research Council (\"SRC\") that will benefit both parties by promoting a collaborative and strategic approach to help strengthen the rare earth element (\"REE\") supply chain within\n \n Canada\n \n .\n \n\n\n\n\n\n\n\n\n\n Guy de Selliers\n \n , Executive Chairman of Defense Metals, commented:\n \n\n\n\n \"We are excited to collaborate with The Saskatchewan Research Council, a recognized leader in rare earth processing and technology development. This MOU represents a significant step forward in our goal of becoming part of a secure and sustainable supply chain for rare earth elements in\n \n North America\n \n . By working together with SRC, we believe we can make substantial progress toward closing the rare earth supply chain loop and ensuring the availability of these critical materials for green energy and defence applications that are essential for national security.\"\n \n\n\n\n The MOU outlines a framework for Defense Metals and SRC to leverage their respective capabilities and interests in the supply and processing of rare earth materials that are especially critical to the production of rare earth magnets. The proposed objectives of this collaboration include:\n \n\n\n Exploring potential collaborations using each Participant's respective capabilities and interests in the process and supply of rare earth products used in the rare earths magnet value chain;\n \n\n\n\n Enabling discussions in connection with the separation of the Defense Metal's mixed rare earth carbonates into separated rare earth oxides empl...