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Narryer Metals Limited ( (AU:NYM) ) has shared an announcement.
Narryer Metals Limited announced promising results from a metallurgical study on its Rocky Gully Critical Minerals Project, highlighting the use of methanesulfonic acid (MSA) for extracting rare earth elements from clay deposits. The study, part of a collaboration with MRIWA and Curtin University, demonstrated that MSA offers comparable extraction rates to hydrochloric acid but with lower environmental impact. These findings suggest a potential pathway for cost-effective and sustainable processing, positioning Narryer favorably in the critical minerals market. The project benefits from its location with excellent infrastructure and low operational costs, aligning with the growing demand for secure supply chains in critical minerals.
More about Narryer Metals Limited
Narryer Metals Limited is a company involved in the critical minerals industry, focusing on the extraction and development of rare earth elements (REE), scandium, and gallium. The company is engaged in projects that leverage innovative and sustainable extraction methods, with a particular focus on the Rocky Gully Critical Minerals Project in Western Australia.
Average Trading Volume: 324,540
Technical Sentiment Signal: Sell
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