The Rare Earth story - permanent magnets
Samso seeks to help clients with business development and public investor/relation needs. Samso has more than 30 years of experience in developing business ideas and concepts in the Australasian region.
Company
ASX:NTU
Northern Minerals Ltd (ASX:NTU) is positioned to become one of the few producers of heavy rare earth element dysprosium via production from the Browns Range Heavy Rare Earth Project in Western Australia. Through the development of the flagship project, Northern Minerals aims to build the operation into a significant world producer of dysprosium outside of China. The project is 100%-owned by Northern Minerals and has several deposits and prospects containing high-value dysprosium and other heavy rare earths, hosted in xenotime mineralisation.
98 stories · page 5 of 5
Samso seeks to help clients with business development and public investor/relation needs. Samso has more than 30 years of experience in developing business ideas and concepts in the Australasian region.
Economic brinkmanship between the US and China continues to distort markets
The Dazzler deposit is less than 15 kilometres from the Brown Range Pilot Plant on the edge of a small scarp slope.
A further $5 million has been received as part of the $20 million placement during March 2019.
Last year, Northern Minerals became the only non-Chinese producer of dysprosium following the commissioning of its three-year pilot plant project.
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
The conference will be held at the Westin Hotel in Perth next Tuesday and Wednesday, November 13 and 14.
First ore has been processed through the beneficiation pilot plant as part of the commissioning process.
The company has been assisted by capital received from a share purchase plan .
Operational improvements along with funding package to assist Browns Range.
Browns Range project on track as company focuses on buoyant dysprosium market.
The company aims to be the first significant producer of dysprosium outside of China
The funding was awarded under a federal government program.
Aiming to be the first significant dysprosium producer outside China.
Northern Minerals Ltd (ASX:NTU) will receive the remaining $18 million of the $30 million equity investment from Huatai Mining by December 2016, to fund its Browns Range Project.
Northern Minerals Ltd (ASX:NTU) has received clearance from the Federal Investment Review Board (FIRB) for a $30 million equity investment by Huatai Mining.