Namibia Critical Metals Inc (TSE:NMI) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Namibia Critical Metals Inc. has announced the filing of an updated NI 43-101 Mineral Resource Estimate for their Lofdal Heavy Rare Earth Project in Namibia, highlighting its potential as a sustainable source of dysprosium and terbium. The project, a joint venture with Japan’s JOGMEC, stands out as one of only two primary xenotime projects worldwide. The estimate, prepared by The MSA Group, indicates promising prospects for economical extraction of heavy rare earths, essential for high-powered magnets.
For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.