Northern and JFMAG break-up

HEAVY rare earth carbonate producer Northern Minerals has lost patience with offtake partner Lianyugang Zeyu New Materials Sales (JFMAG) after just two years and torn up their sales agreement after claiming the Chinese subsidiary of major HRE player Guandong had breached the deal.

Northern and JFMAG break-up Northern and JFMAG break-up Northern and JFMAG break-up Northern and JFMAG break-up Northern and JFMAG break-up

A sales agreement for Browns Range product has been torn up.

JFMAG struck an agreement with the Western Australia-based miner in April 2017 to buy all the HRE carbonate produced at Browns Range in the three-year pilot plant stage, with the price to be based on

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Pandemic no impediment. Read more.
  • Latest COVID-19 Coverage: Like sand through the hourglass. Read more