Cyclone sales brewing

SILICA sands hopeful Diatreme Resources has signed a memorandum of understanding with the Hunan rare earth group for life of mine heavy mineral concentrate offtake from the Cyclone project in Western Australia’s Eucla Basin.

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Diatreme mineral sands drilling in the Eucla Basin.

Diatreme has also been fielding interest from Chinese state enterprise MCC International, which is keen to pick up the enginneering, procurement and construction services contract at Cyclone.