- Canada's first rare earths mining company Vital Metals today reported a substantial increase in the mineral resource estimate for its Tardiff Upper Zone deposit, which forms part of the Nechalacho rare earth project in Canada's Northwest Territories.
Vital noted that Tardiff is estimated to include 416,000 tonnes of neodymium and praseodymium , a 19% increase over the previous MRE estimate dated 13 December 2019. Vital said it aims to develop Tardiff to become a large-scale, long-life rare earths producer, adding that initial economic assessment for Tardiff is expectted in Q3 CY23.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: