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Hexagon Energy Materials to start developing demonstration plant

The date of: 2020-02-12
viewed: 4

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.



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