A Vital pivot in rare earths strategy

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A Vital pivot in rare earths strategy

To take a more measured approach to Saskatchewan REE facility in favor of a larger mine at Nechalacho in NWT, Canada North of 60 Mining News - January 6, 2023

Last updated 1/12/2023 at 3:59pm

As the sun sets, crews mine rare earths ore from a deposit at Nechalacho in NWT.

Cheetah Resources/billbradenphoto

Mining being carried out at North T, a high-grade deposit on Vital Metals' Nechalacho project that averages 9% rare earths.

Following an AU$45 million (US$31.6 million) infusion of cash in July, Vital Metals Ltd. has gone through some significant changes that are being reflected in a new strategy that slows the ramp-up of production at the company's rare earths separation plant in Saskatchewan and focuses the company's resources on expanding production at its Nechalacho Mine in Canada's Northwest Territories.

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