NeoTerra US$5 million Grant to Unlock Revenue from Fluorspar Project

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NeoTerra US$5 million Grant to Unlock Revenue from Fluorspar Project StockBoxMedia speaks with Cédric Simonet, CEO of NeoTerra Group Plc (LSE: TERA), following the company’s application for US$5 million under the U.S.-Africa Strategic Investment Program to assess the potential expansion of its Monte Muambe fluorspar project in Mozambique. Cédric explains why NeoTerra sees scope to build beyond its planned 50,000 tonnes-per-annum acid-grade fluorspar operation, including further exploration aimed at expanding the mineral resource and assessing a longer-life, higher-capacity operation. Key topics discussed: US$5m U.S.-Africa Strategic Investment Program application Potential expansion of the Monte Muambe fluorspar resource Current 716,000 tonnes of contained CaF₂ and Kudu exploration upside Planned 50,000tpa acid-grade fluorspar operation Potential downstream HF production in Mozambique Progress on the fluorspar scoping study and environmental permitting USTDA-funded rare earths programme Catalyse Capital debt facility extension and NeoTerra’s funding position Focus on non-dilutive and shareholder-friendly project funding 🔗 Watch the latest Research Talks video: https://www.youtube.com/watch?v=CiGwp0MbS7g 🌐 Visit StockBox Media: https://stockboxmedia.com/ 🏢 Visit the company website: https://neoterra-group.com/ 📰 Sign up for the StockBox Media newsletter: https://mailchi.mp/stockboxmedia.com/zhf1vui0io 🐦 Follow StockBox Media on X: https://x.com/StockBoxMedia Subscribe and turn on notifications to receive the latest company interviews, research discussions and mining market updates. Please like, comment and share this interview to support the channel and help us bring you more conversations with companies across this sector.