VML vital metals limited

Other North America REE resources on ASX

  1. 3,875 Posts.
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    I see a few companies planning REE refining plants in North America but not sure where they plan to source feedstock locally. I like the idea of another North America play on the ASX given the government funding being offered up (as evidenced by ASM getting LOI's for $1.3B from EXIM (US) and EDC (Canada))

    The following extract from the VML presentation shows just two ASX companies with resources; VML with Nechalacho and American Rare Earths (ARR) with Halleck Creek. Any others?

    Halleck Creek looks big but both low grade (0.33% vs 1.4%) and low % of the high value NdPr combo (0.07% vs 0.34% - I think these should read 7% and 35%?). But they do seem to have a low cost leaching process to extract the REE's so likely lower CAPEX and OPEX? Anyone here into ARR?

    https://hotcopper.com.au/data/attachments/6152/6152243-4c80aae1d83770210293d4c6afe4e9e7.jpg
 
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Last
9.5¢
Change
0.002(2.15%)
Mkt cap ! $11.20M
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Last trade - 15.59pm 08/08/2025 (20 minute delay) ?
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