Company
Namibia Critical Metals
CVE:NMI
Namibia Critical Metals Inc is a Canadian public company which is developing the Tier-1 Heavy Rare Earth Project, Lofdal. Lofdal is a globally significant deposit of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals used in permanent magnets for electric vehicles, wind turbines and other electronics is driven by innovations linked to energy and technology transformations. The geopolitical risks associated with sourcing many of these metals has become a repeated concern for manufacturers and end users. Namibia is a proven and stable mining jurisdiction.
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