Mont Royal Resources Ltd. has announced the signing of a non-binding Memorandum of Understanding with the Saguenay Port Authority in Québec, Canada, to advance its Ashram Rare Earths Project. The agreement outlines cooperation on the potential establishment of a hydrometallurgical facility within the Port Saguenay industrial zone, supporting the import, processing, and export of rare earth materials. This partnership leverages the port's year-round logistics capabilities, including integrated road, rail, and port infrastructure, to position the region as a key hub for the critical minerals sector essential to the energy transition and clean technologies. The project is expected to generate economic growth, innovation, and high-quality jobs in the Saguenay region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mont Royal Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 281886) on January 28, 2026, and is solely responsible for the information contained therein.