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bluesamurai

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16/12/22

10:31

Post #: 65338009
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Originally posted by bluesamurai: ↑

HighlightsThe metallurgical tests, conducted by Wood Australia, show that Halleck Creek has favourable characteristics on a number of counts. These are:• Low ore strength: the ore can be liberated easily, with the ore strength ranking in the lowest 14th percentile of more than 1,300 deposits globally. This requires minimal energy use.• Ore abrasiveness is below average.• The ore will require less coarse grinding at the processing plant, meaning anotherlevel of energy expenditure and the opportunity to increase capacity.• These factors will make possible a simplified flow sheet reflecting lower capital cost outlays.The recently completed comminution testing (which reduces the ore to minute particles) on core material from the Halleck Creek project provides the opportunity to optimise and simplify the grinding and crushing flow sheet. This further demonstrates the capability to reduce operating and capital cost using conventional technology. QUOTE Good news from release today looking forward to further positive announcements in the new year IMO.

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Rare earth supply and processing will be front of mind in all mining media in 2023 IMO.

https://investorintel.com/critical-minerals-rare-earths/the-top-billionaires-are-now-chasing-the-critical-magnet-rare-earths-part-2-of-2/
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