In late 2012, Northern Minerals announced it had secured a Memorandum of Understanding (MoU) for a HRE offtake agreement with Sumitomo Corporation of Japan.

Northern Minerals has received positive feedback from the market and potential offtake partners in response to its new business plan to develop the Project in three stages. The Company is currently working to finalise an offtake agreement for the pilot plant detailed in stage one of the business plan.