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OD6 Metals Advances ANSTO Testwork to De-Risk Splinter Rock Rare Earth Project

Story Highlights
  • OD6 Metals is advancing ANSTO-led testwork to optimise processing at its large Splinter Rock rare earth project.
  • Over A$1 million will fund heap leach, impurity control and product sample programs to support offtake and de-risk development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OD6 Metals Advances ANSTO Testwork to De-Risk Splinter Rock Rare Earth Project

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OD6 Metals Ltd. ( (AU:OD6) ) has provided an update.

OD6 Metals has commenced advanced metallurgical testwork at the Australian Nuclear Science and Technology Organisation to optimise and scale up the processing flowsheet for its 682Mt Splinter Rock Rare Earth Project in Western Australia. Backed by a commitment of more than A$1 million, the program focuses on heap leach optimisation, impurity removal, and bulk production of mixed rare earth carbonate and hydroxide product samples to support offtake, financing, and future development studies, while also assessing recovery of other elements of interest and leveraging research and development tax incentives to further de-risk the project and strengthen its role in Australia’s emerging critical minerals strategy.

The most recent analyst rating on (AU:OD6) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on OD6 Metals Ltd. stock, see the AU:OD6 Stock Forecast page.

More about OD6 Metals Ltd.

OD6 Metals Ltd is an Australian rare earths exploration and development company focused on the Splinter Rock Rare Earth Project in Western Australia. The project hosts a substantial JORC Mineral Resource and targets the production of rare earth products, positioning the company within Australia’s critical minerals supply chain and aligning it with national initiatives to secure future critical mineral supply.

Average Trading Volume: 1,979,574

Technical Sentiment Signal: Buy

Current Market Cap: A$15.18M

Find detailed analytics on OD6 stock on TipRanks’ Stock Analysis page.

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