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Hexagon Resources Ltd

Full interview: Hexagon Resources enters joint venture with US-based rare earths processing company

Hexagon Resources Limited (ASX:HXG) managing director Mike Rosenstreich updates Proactive on the company entering an exciting joint venture with US-based rare earths processing business American Innovation Metals Inc (IMC).

The focus of the agreement will be IMC’s RAPID-SX technology which facilitates more efficient production of rare earth elements for the benefit of current and future rare-earth producers. 

This will be particularly beneficial for US, European, Japanese and Korean markets as it will mitigate the extreme concentration of rare-earth supply in China.

RapidSX technology is a proven and de-risked solvent-extraction approach, ready to be commercialised, and represents an exciting energy-materials business opportunity for Hexagon.

Quick facts: Hexagon Resources Ltd

Price: 0.049 AUD

Market: ASX
Market Cap: $14.3 m
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Hexagon Resources graphite scoping study a highlight for June quarter

Hexagon Resources (ASX:HXG) managing director Mike Rosenstreich tells Proactive Investors that the completion of a scoping study on the development of a standalone advanced graphite purification processing plant (GPPP), was a highlight in its June quarterly report. He also detailed the...

on 12/7/19

2 min read