https://www.src.sk.ca/news/government-canada-announces-investments-critical-minerals-saskatchewan?utm_source=Rare+Earth+Facility&utm_campaign=abad0fd918-EMAIL_CAMPAIGN_REE_SEPT24&utm_medium=email&utm_term=0_d6bcbec5ea-abad0fd918-221521558&mc_cid=abad0fd918&mc_eid=0989f9cb61
Today's announcement includes $15.96 million through PrairiesCan to enable SRC to acquire bastnaesite from Canadian sources and create new domestic capacity for bastnaesite processing, which will be integrated into SRC's Rare Earth Processing Facility. SRC will process bastnaesite ore acquired from Vital Metals Ltd.'s Canadian operations to produce a mixed rare earth product, which will be further processed using SRC's solvent extraction and metal smelting technology to produce rare earth metals. SRC will also collaborate with a local educational institution to develop and deliver a training program for Indigenous students to operate bastnaesite processing equipment.
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