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Rhodia Signs Rare Earths Deal with Nuclear Power Firm

7:08 AM MDT | June 1, 2011 | Ian Young

Rhodia has signed an agreement with leading nuclear power company Areva (Paris) to develop jointly deposits containing a mix of uranium and rare earth elements. Areva has activities in uranium mining and Rhodia is the industry leader in rare earth-based formulations. Rhodia and Areva will combine their respective expertise and competencies to put together joint offers for the development and exploitation of hitherto unworked deposits containing uranium and rare earths. The two companies say this could involve linking up to carry out joint technical audits or...

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