Harena secures US offtaker for rare earth products from incoming Madagascar project

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate product.

Harena is advancing its 75%-owned Ampasindava rare earths ionic clay project in Madagascar, which is considered to be one of the most significant ionic clay rare earth sites in the world outside of China.