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Aussie eyes Nechalacho magnet rare earths

 

Last updated 2/8/2019 at 5:19am

Avalon Advanced Materials Nechalacho REE project Thor Lake Northwest Territories

Tesla Inc.

Australia-based Cheetah Resources is focused on the small-scale development of rare earth resources enriched in the neodymium and praseodymium, magnet rare earths that are in high demand for clean technology applications such as electric vehicles.

Avalon Advanced Materials Inc. Jan. 30 reported that Cheetah Resources Pty Ltd., a private company based in Australia, will participate in the development of the Nechalacho rare earth elements project at Thor Lake, roughly 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories.

In 2013, Avalon published a feasibility study for a mine at Nechalacho that is calculated to produ...



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