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Rare earths & specialist minerals

Cadence Minerals rises as more progress is made at Yangibana

Hastings Technology Metals has successfully completed the crucial continuous Hydromet pilot plant operations for the Yangibana rare earths project

Hastings Technology Metals has successfully completed the crucial continuous Hydromet pilot plant operations for the Yangibana rare earths project, Cadence Minerals PLC (LON:KDNC) revealed.

Cadence is the junior partner in the Yangibana joint venture, in which Hastings has a 70% stake.

Pilot plant testing of the hydrometallurgy (Hydromet) circuits successfully validated the simple and effective flow-sheet of the Yangibana Hydromet processes, Cadence said.

READ: Cadence Minerals flags new progress at Yangibana

The piloting produced 3.5 kilograms of concentrate per hour, with the processing circuit operating continuously on a 24 hour basis over a total of 12 days at Australian Nuclear Science and Technology Organisation (ANSTO), Lucas Heights, New South Wales.

There were three phases to the pilot: acid bake; water leach and impurity removal; carbonate product precipitation

Hastings said all three phases achieved or exceeded laboratory results.

Cadence shares were up 5% at 0.477p on the news.

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