The Elements of Innovation Discovered
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With the recent signing of a rare earth offtake and profit-sharing agreement with Norway-based REEtec, Australia-based Vital Metals Ltd. said it is targeting the production of rare earths from its Nechalacho project in Northwest Territories before the end of this year. "The signing of this agreement will enable REEtec and Vital to work together to supply separated rare earth oxides, which are competitive to products produced anywhere else in the world into the electric...
A 12-kilogram (26.5 pounds) sample of rare earth carbonate from Vital Metals Ltd.'s Nechalacho project in Canada's Northwest Territories takes the Australian mining company one step closer to its goal of commercially producing REEs this year. "Production of our bulk sample for REEtec is another important step towards reaching full production at Nechalacho," said Vital Metals Managing Director Geoff Atkins. Produced from a bulk sampling program at Nechalacho, this first bag of...