American Clean Resources Group Plans Joint Venture for Critical Minerals Processing
American Clean Resources Group Inc. (ACRG), through its wholly owned subsidiary Tonopah Custom Processing, Inc. (TCP), has entered into a non-binding Joint Venture Term Sheet with ENERG4 Mining Company LLC and certain technology contributors. The proposed joint venture, Nexus 7 Elements LLC, aims to evaluate and deploy advanced mineral processing technologies to support ACRG's critical minerals initiatives. TCP will hold a 51% stake in the joint venture, while ENERG4 and the technology partners will collectively hold 49%. Initial activities will take place at a 207-acre industrial site in Winnie, Texas, with plans for potential commercial deployment at ACRG's Greenway facility in Nevada. The agreement is currently non-binding, with definitive agreements yet to be finalized.
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