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St George Mining Secures Strategic MoU with Fangda to Boost Araxá Niobium Project
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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St George Mining Secures Strategic MoU with Fangda to Boost Araxá Niobium Project
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Non-binding MoU signed with Liaoning Fangda Group for Araxá project collaboration
Potential Fangda offtake commitment for minimum 20% of niobium products
Fangda may provide project financing and technical support
Fangda aims to expand steel production capacity, increasing niobium demand
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