News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Australian Vital Metals signs contract to start rare earths mining in Canada

The date of: 2021-02-23
viewed: 0

source:Kitco NEWS

Vital Metals (ASX: VML) today announced that it has signed a definitive mining contract with local company Det’on Cho Nahanni Construction for work to commence at the North T Zone at its Nechalacho project in Northwest Territories, Canada.

The company said that the North T Zone is the first deposit to be mined at Nechalacho, with Vital progressing to rare earth oxide production in CY2021, and that Nahanni Construction will mobilise to site by end of March.

The Nechalacho project is a high grade, light rare earth (bastnaesite) project located at Nechalacho in the Northwest Territories of Canada and has potential for a start-up operation exploiting high-grade, easily accessible near surface mineralisation. The Nechalacho rare earth project hosts within the Upper Zone, a measured, indicated and inferred JORC Resource of 94MT at 1.46% TREO.

Managing Director Geoff Atkins said, “The signing of our mining contract in Yellowknife is an important step forward for Vital as we move toward production at Nechalacho, and we are pleased to be working with Det’on Cho Nahanni Construction, which is owned by local First Nations people.”

Vital Metals is an explorer and developer focusing on rare earths, technology metals and gold projects. Vital Metals aims to become the lowest cost producer of mixed rare earth oxide outside of China by developing one of the highest-grade rare earth deposits in the world and the only rare earth project capable of beneficiation solely by ore sorting.



Hot News / Related to recommend
  • 2021 - 07 - 23
    Click on the number of times: 0
    source:Energy StorageAustralia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wide...
  • 2021 - 07 - 21
    Click on the number of times: 0
    source:Design WorldThe TMR-075-16-001-2 limited angle torque motor utilizes a toroidally wound, stationary coil assembly with a two-pole permanent magnet rotor to generate torque.The rare earth perman...
  • 2021 - 07 - 20
    Click on the number of times: 0
    source:KFGO(Reuters) – As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – the magnet...
  • 2021 - 07 - 19
    Click on the number of times: 0
    source:YahooThe many-gigabit internet speed records of a decade ago now seem downright inadequate. Motherboard reports that scientists at Japan's National institute of Information and Communicatio...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务