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Axel REE Ltd. ( (AU:AXL) ) has provided an update.
Axel REE has chosen the Woolrich ISR Deposit within its Caladão Project in Brazil as the site for its first in situ recovery rare earths field trial, marking a shift from exploration to practical ISR development. The company is assembling a multidisciplinary team to design and execute the programme, with the trial area defined over about 2 hectares selected for favourable geology, permeability and natural hydraulic containment.
The field trial aims to generate real‑world operating parameters for wellfield and process design, including permeability response, reagent use, pregnant leach solution grades and recovery behaviour. Pregnant leach solution from Woolrich will be sent to Core Resources in Australia to produce mixed rare earth carbonate, effectively testing the full value chain, while ongoing column leach tests and strong prior metallurgical results support Woolrich as the foundation for a low‑cost ISR development concept.
The Woolrich deposit, part of Axel’s larger Caladão resource base of rare earths and gallium, has soluble grades and magnet‑rich assemblages comparable to an operating ISR mine in Malaysia. Successfully completing this field trial could de‑risk Axel’s ISR model, enhance its positioning in the emerging ionic clay rare earth sector and advance its ambition to become a producer of high‑value MREC products.
More about Axel REE Ltd.
Axel REE Ltd. is an Australian rare earth elements company focused on developing ionic clay rare earth deposits using in situ recovery (ISR) techniques. Its flagship Caladão Project in Brazil’s so‑called Lithium Valley hosts large resources of total rare earth oxides and gallium, with a strategy to produce mixed rare earth carbonate (MREC) products for advanced materials and magnet markets.
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