The mining newspaper for Alaska and Canada's North

Vital Canadian REE company is bankrupt

Vital Metals subsidiary developing rare earths processing plant enters bankruptcy; terminates offtake agreement with REEtec North of 60 Mining News – October 6, 2023

Over the course of two short years, Vital Metals Ltd. has fallen from a visionary mining company pioneering a first-ever rare earth supply chain in Canada to a delisted Australian firm struggling to reclaim some of its former glory at the Nechalacho rare earths mine in Northwest Territories.

Vital Metals reached a pinnacle when its Canadian subsidiary Cheetah Resource Corp. began mining ore from t...

 

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