RDM 0.00% 10.5¢ red metal limited

Red Metals - Sybella Rare Earth Project Review, page-10

  1. 609 Posts.
    lightbulb Created with Sketch. 165
    Thanks for that BPP
    Looks like the other geologist should have done some more homework.
    Below is one of the testing/extraction reports of VMM you recommended reading.
    Fe and Al removed with sodium carbonate(very cheap I assume), with minimal losses of REE.


    MREC Metallurgical Process
    Rare earth elements were extracted from 50kg of material taken from as-received 31 AC drill samples
    collected from 12 holes from North Stanmore (JORC Table 1), using a blend of ammonium sulphate
    and weak sulphuric acid leaching at pH 1, ambient temperature and pressure and with a 4-hour
    residence time.
    Impurities, including aluminium (Al) and iron (Fe), were first removed from the leach liquor by
    neutralising with commercial grade sodium carbonate (soda ash) at ambient temperature. The low
    levels of aluminium and iron extraction exhibited by North Stanmore samples (refer to ASX
    announcement dated 1 May 2023) indicates a very high removal rate of Al and Fe with minimal
    losses of REE (Table 2). This allows a high downstream recovery rate of REE from the leach liquor to
    the MREC test product. Further work is underway to optimise the impurity removal step to decrease
    REE and copper reporting to the precipitate.
    Impurity Removal Precipitation Extent (Liquor Basis)
    Al Fe TREE HREE LREE Ni Co Cu
    % % % % % % % %
    99.3 > 99.9 17.2 16.9 18.6 3.0 2.4 62.1
    Table 2: Bulk Impurity Removal Precipitation Extents (pH adjusted with sodium carbonate, ambient temperature)
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $31.46M
Open High Low Value Volume
11.0¢ 11.0¢ 10.5¢ $58.41K 556.3K

Buyers (Bids)

No. Vol. Price($)
1 71310 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 572335 8
View Market Depth
Last trade - 15.52pm 14/10/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.