source:Proactive Investors Australia-
Negotiations are ongoing to secure potential commercial agreements with rare earth producers and advanced project developers.
Hexagon Energy Materials Ltd (ASX:HXG) is set to build on a transformative December quarter with development of a commercial demonstration plant for RapidSX? rare earth separation to start early this year.
After entering into an option agreement during the quarter to commercialise RapidSX? - an advanced downstream rare earth element separation technology - the company has been positioning itself to develop downstream businesses focused on high-value materials.
Negotiations are ongoing to secure potential commercial agreements with rare earth element (REE) producers and advanced project developers.