VML 0.00% 0.2¢ vital metals limited

Reply to Alfredm:My understanding is that at the moment...

  1. 7,481 Posts.
    lightbulb Created with Sketch. 1140
    Reply to Alfredm:

    My understanding is that at the moment 'separation' is not in the plans for VML. They are planning to build an 'extraction' plant at Saskatoon, the product of which will be sold to others such as REEtec to separate.

    From a reecnt company announcement:
    "Det’on Cho Nahanni Construction will mine the North T Zone as a small open pit, with material
    transported to Vital’s ore sorter on site at Nechalacho for sorting. This will create a product suitable
    for further processing off-site at Vital’s rare earth extraction plant, to be constructed in Saskatoon,
    which will produce a mixed rare earth carbonate product for sale to separation facilities."
    Last edited by seaemay: 06/04/21
 
watchlist Created with Sketch. Add VML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.