Business

Mont Royal Announces Agreement with Port Saguenay for the Ashram Rare Earths Project

MOU with Key Logistics Hub in North-Eastern Canada Supports and Advances Mont Royal's Development StrategyHIGHLIGHTSNon-binding MOU signed with the Saguenay Port Authority, located in the heart of the Saguenay-Lac-St-Jean industrial region, Québec.The agreement with Mont Royal highlights the strategic advantages and role of the Port of Saguenay as a natural logistics hub in north-eastern Canada for the development of the critical minerals sector and aligns with the strategic Canadian Northern...

articleMont Royal Resources Ltd.January 27, 202612/company/mont-royal-resources-ltd/news/mont-royal-announces-agreement-port-045100488
Mont Royal Announces Agreement with Port Saguenay for the Ashram Rare Earths Project

About this update from Mont Royal Resources Ltd.

[{"type":"text","content":"MOU with Key Logistics Hub in North-Eastern Canada Supports and Advances Mont Royal's Development Strategy","length":110,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"HIGHLIGHTS","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Non-binding MOU signed with the Saguenay Port Authority, located in the heart of the Saguenay-Lac-St-Jean industrial region, Québec.","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"The agreement with Mont Royal highlights the strategic advantages and role of the Port of Saguenay as a natural logistics hub in north-eastern Canada for the development of the critical minerals sector and aligns with the strategic Canadian Northern Corridor (CNC).","length":265,"tagName":"p"}]},{"val":[{"type":"text","content":"The Port of Saguenay offers a year-round and integrated port, road and rail logistics solution for the importation of rare earth concentrates from the Ashram Project for further processing and the subsequent export of refined intermediate rare earth products to global markets.","length":277,"tagName":"p"}]},{"val":[{"type":"text","content":"The Port of Saguenay industrial zone offers a well-serviced location for the Ashram Project's proposed Hydrometallurgical facility, with ready access to the Saguenay Port, rail and road and reticulated power, water and gas services. ","length":236,"tagName":"p"}]},{"val":[{"type":"text","content":"The Saguenay region is home to several significant mining operations and processing facilities, along with a skilled workforce and mature service support industry.","length":163,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1073,"olType":false},{"type":"text","content":"Mont Royal's Managing Director, Nicholas Holthouse, said:","length":61,"tagName":"p"},{"type":"text","content":""We are very pleased to be working with the Port of Saguenay, with this agreement marking an important step towards the development of the Ashram Rare Earth Project. ","length":170,"tagName":"p"},{"type":"text","content":""The Port of Saguenay and its associated industrial-port zone complement the Project's new development strategy, which is focused where possible on reducing technical risk and CAPEX. We see great opportunity in moving the more complex Hydromet...

More updates from Mont Royal Resources Ltd.

Mont RoyalSaguenay Port AuthoritySaguenay regionglobal marketscritical mineralsPortthe Ashram Project