ENXTBR:SOLBChemicals
Assessing Solvay (ENXTBR:SOLB) Valuation After New Rare Earth Supply Deal With Viridis
Solvay (ENXTBR:SOLB) has drawn fresh attention after signing a Letter of Intent with Viridis Mining and Minerals to source rare earth feedstocks from Brazil for its La Rochelle processing plant in France.
See our latest analysis for Solvay.
The rare earth agreement comes as Solvay’s share price shows mixed momentum, with a 1-day share price return of 2.24% and 7-day share price return of 1.15%, offset by a 30-day share price return that is down 5.16%. At the same time, the 3-year total...