Tantalus Rare Earths applies for insolvency proceedings in Germany

By James Sean Dickson
Published: Friday, 16 October 2015

The rare earths junior is still looking for funding opportunities while it applies for insolvency proceedings in its native Munich.

Germany-based rare earths junior Tantalus Rare Earths AG, the owner of the TRE ionic clay project in Madagascar, has applied for insolvency proceedings in the Munich Local Court.

Total open payables amount to €1.5m ($1.7m*), according to a press release issued by the company this afternoon....

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