Ceritech’s Rare Earth Gypsum Project receives governmental funding in the amount of EUR 1.2 million

A project consortium led by Ceritech AG received a funding in the amount of EUR 1.2 million from the German Federal Ministry of Education and Research (BMBF) within the governmental funding measure “CLIENT II – International Partnerships for Sustainable Innovations”. The Project commences in January 2018 and has a duration of two years. The funding is not repayable. Ceritech AG develops a process to extract rare earth elements cost efficiently and environmental-friendly from gypsum tailings which are a waste product of the fertilizer production, produced in large quantities.