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TETRA Technologies to form joint venture with Magrathea Metals.
ByAinvest
Tuesday, Dec 2, 2025 6:02 am ET1min read
TETRA Technologies has signed a term sheet with Magrathea Metals to form a joint venture and rebuild America's magnesium metal defense industrial base at TETRA's Evergreen Project in Arkansas. Magnesium is a critical mineral used across the defense industrial base and economy, and the joint venture aims to produce clean and secure magnesium metal from seawater and brines.
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