Midwest Energy LimitedBSE: REMAGNET

Announcement under Regulation 30 (LODR)-Press Release / Media Release

· Issued by Midwest Energy Limited via BSE India

Filed with BSE · · 5 pages · English

Summary by 6ix AI

Midwest Energy Limited has announced the signing of a Memorandum of Understanding with Midwest Limited, the Non-Ferrous Materials Technology Development Centre, and PT Perusahaan Mineral Nasional to collaborate on developing critical minerals and rare earth resources in Indonesia. This agreement aims to establish a framework for collaboration across the rare earth value chain, including exploration, mining, and manufacturing. The MoU marks a significant step in Midwest Energy Limited's strategy to enhance its presence in the rare earth sector. A joint working group will be formed to oversee the implementation of the project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

Midwest Energy Limited, along with Midwest Limited and Non- Ferrous Materials Technology Development Centre (NFTDC), has signed a Memorandum of Understanding (MoU) with PT Perusahaan Mineral Nasional (Persero), Indonesia''s state-owned stretegic minerals enterprise.

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