"In 2017, NTU achieved a significant milestone by commissioning the Browns Range Pilot Plant. It became Australia's first heavy rare earths processing facility, designed to produce a mixed rare earth carbonate product. The plant showcased the effectiveness of the XEP, demonstrating high extraction rates and potential for low production costs at a larger commercial scale."
Must have missed the announcement where the company published results from the pilot plant operations that could be interpreted in this manner.
Obviously it's just an assumption from Argonauty. Disclaimer at bottom of their report explains it.
NTU Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held
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