The refinery has a rare earth oxide production capacity of 3,000 tonnes per year.
The 7,000-hectare Birch project is one of the company’s 17 properties across 42,500 hectares in Canada's Yukon Territory.
Committee of Ministers said it unanimously rejected the $2.5 billion project in agreement with citizen concerns over biodiversity impacts and worries about potential spills.
Reuters | January 8, 2025 | 3:11 pm
The moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition.