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The transaction includes 9.1M shares tied to US$1M in exploration spending; closing remains subject to Canadian Securities Exchange approval.
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Europe is completely dependent on China for rare earths. The desire to break this dependence is so great that the EU is desperately trying to revive the dead sector. In the Nordic countries, including Finland, this is reflected in mining projects. In this article, we present the promising Korsnäs project, which is located in an old mining area from the 1960s.