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St George Mining Enters Agreement for Assessment of Potential Brazil Rare Earths Processing Hub

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St George Mining (ASX:SGQ) entered into a collaboration agreement with the Lima & Pergher Group to jointly assess the potential to establish the Minas Gerais Rare Earths Processing Center in Brazil, to provide processing services to rare earths mining projects, according to a Thursday Australian bourse filing.

The Brazilian state of Minas Gerais plans to support the initiative via help with licensing procedures, promoting relationships with suppliers and service providers, and supporting applications for state tax incentives.

St George will provide technical expertise to assist with the design of the center, as well as provide feedstock for processing at the center from the Araxá project.

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