Viridis lands US$915m rare earths deal with Solvay

By Rueben Hale

Thursday, 5 November 2026
InternationalNews
Viridis has locked in a US$915m rare earths deal with European giant Solvay, but financing, approvals and a final investment decision remain hurdles before production.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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