Setopia Holds Corporate Briefing to Enhance Understanding of Rare Earth New Business

Setopia announced on the 2nd that it will hold a corporate briefing session at 4 p.m. on the 12th at the Fairmont Ambassador Seoul Hotel to enhance investors' understanding of its new rare earth business.

At this corporate briefing, Setopia plans to present an introduction to the company, an overview of the rare earth business, the current status of the rare earth business, and key schedules to domestic institutional and individual investors, as well as analysts.

A Setopia representative stated, "This corporate briefing session will be held to convey the purpose and direction the company aims for through the new rare earth business, introducing the prospects and development of the rare earth business. We will explain the progress of the rare earth new business, which many people are curious about, as well as the promotion of the company's existing and new businesses, and announce strategies for advancing corporate growth."

Meanwhile, GCM, a joint venture established by Setopia and Vietnam VTRE, signed a comprehensive contract (MOA) on the 1st with EMC (Evolution-metal Corp), which holds the authority for the overall development project of the Pea ridge mine in the Missouri region of the United States. The contract covers building the rare earth supply chain of the Pea ridge mine, cooperation in metal product development, and mineral refining and metal manufacturing.