TRECan pays Matamec C$1.6m in rare earths partnership

By Emma Hughes
Published: Thursday, 10 January 2013

Payment is latest instalment in companies’ Kipawa heavy rare earths agreement

Junior rare earths explorer Matamec Explorations Inc. has received Canadian dollar (C$) 1.6m ($1.6m) from its partner Toyotsu Rare Earth Canada Inc. (TRECan), the Canadian arm of the Japanese rare earths trading group, Toyotsu Rare Earths Corp.

The payment is the latest instalment in the companies’ sale and...

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