3 March 2014
Details
Avalon will ship a concentrate to La Rochelle
containing 98.5% Rare Earth Oxide (REO) and
Solvay will return separated oxides of
praseodymium (Pr),
neodymium (Nd),
europium (Eu),
gadolinium (Gd),
terbium (Tb),
dysprosium (Dy),
lutetium (Lu) and
yttrium (Y)
ranging from purity from 99.5% to 99.99%.
The tolling agreement also provides Solvay with
the opportunity to purchase selected REO from Avalon.
All rare earths products not purchased by Solvay
will be sold by Avalon and delivered directly from
the La Rochell plant, France.
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