Posted by: Windfair Editors
GE Renewable Energy signs MoU for rare earth materials for offshore wind turbines
Official Press Release GE Renewable Energy:
GE Renewable Energy and Arafura Resources sign Memorandum of Understanding (MoU) on Neodymium and Praseodymium (NdPr) Rare Earths
Partnership will enhance supply of rare earth materials for offshore wind turbines key to energy transition / GE to negotiate the purchase of NdPr from Arafura’s Nolans Project / MOU signed during international energy forum, with formal agreement between the Governments of Australia and the United States to facilitate cooperation in securing supply chains for clean energy technologies.
Arafura Resources Limited (ASX: ARU) and GE Renewable Energy have signed a non-binding memorandum of understanding (MoU) to jointly co-operate in the establishment of a sustainable supply chain for NdPr central to energy transition. The parties will negotiate a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The definitive and... ... More: Official Press Release GE Renewable Energy
- Keywords:
- GE Renewable Energy, rare earth, material, offshore, wnd turbine, material, MoU, Arafura Resources, Australia
