Total
0
Shares
Vital Metals (ASX:VML) - Managing Director, Geoff Atkins (left) and Avalon Minerals CEO, Don Bubar (right)
Managing Director, Geoff Atkins (left) and Avalon Minerals CEO, Don Bubar (right)
Source: Northern News Services
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Vital Metals (VML) kicks off rare earth production at its Nechalacho Project in Canada, starting with ore crushing
  • The company’s mining contractor completed the first blast of ore at Nechalacho’s North T Zone at the end of June, with ore crushing beginning just two days later
  • The company says mining activities are over 30 per cent complete, and ore is now being stockpiled for transport to a Saskatoon rare earth extraction plant later this year
  • The company aims to ramp up crushing and ore sorting at Nachalacho, with full production rates expected to be achieved in July
  • Vital Metals last traded at 5.2 cents on July 5

Vital Metals (VML) has begun rare earth production at its Nechalacho project in the northwest territories of Canada, starting with ore crushing.

The company’s mining contractor, Nahanni Construction, completed the first blast of ore at Nechalacho’s North T Zone at the end of June, with ore crushing beginning just two days later.

Vital Metals is now the first rare earths producer in Canada and only the second in North America.

Managing Director of Vital Metals Geoff Atkins said the company’s crews worked hard on site through June to accelerate mining activities, complete the installation of crushing and ore sorting equipment and commence commissioning.

“Mining activities are over 30 per cent complete with waste material removed from the pit to enable the first blast of ore on 28 June and we are now stockpiling ore for the crusher,” he added.

Vital Metals says the ore will be stockpiled for transport to a Saskatoon rare earth extraction plant later this year.

The company aims to ramp up crushing and ore sorting at Nachalacho, with full production rates expected to be achieved in July.

Vital Metals last traded at 5.2 cents on July 5.

VML by the numbers
More From The Market Herald
AusQuest (ASX:AQD) - Managing Director, Graeme Drew

" AusQuest (ASX:AQD) gets green light to drill at Los Otros

AusQuest (AQD) has been granted permits to begin drilling at its Los Otros Porphyry Copper Project in southern Peru.

" Albion Resources (ASX:ALB) eyes maiden drilling program at Lennard Shelf

Albion Resources (ALB) has received heritage clearance for its maiden drilling program at Pilbara East which is expected to kick off this month.
Sunshine Gold (ASX:SHN) - Managing Director, Damien Keys

" Sunshine Gold (ASX:SHN) confirms copper-molybdenum system at Titov

Sunshine Gold (SHN) has confirmed a large-scale copper-molybdenum system at the Titov prospect at Ravenswood West.
Sunrise Energy Metals (ASX:SRL) - CEO, Sam Riggall

" Sunrise Energy Metals (ASX:SRL) advances self-titled battery project

Sunrise Energy Metals (SRL) spent much of the September quarter focused on progressing its Sunrise Battery Materials Project in NSW.