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An update from OD6 Metals Ltd. ( (AU:OD6) ) is now available.
OD6 Metals Ltd. has announced significant developments at its Splinter Rock Rare Earth Project with the inclusion of a Chlor-Alkali Facility (CAF). This facility will produce essential reagents onsite, reducing operating costs and environmental impact by eliminating the need for long-distance transport of chemicals. The CAF will enhance the project’s economics and strategic flexibility, allowing for selective production of high-value rare earth oxides such as Nd, Pr, Dy, and Tb. The ongoing Optioneering Study, in collaboration with CPC Engineering and ANSTO, is evaluating various flowsheets to determine the most cost-effective and sustainable development path for the project.
More about OD6 Metals Ltd.
OD6 Metals Ltd. operates in the rare earth metals industry, focusing on the extraction and processing of rare earth elements. The company is involved in the development of the Splinter Rock Rare Earth Project, which aims to produce high-quality rare earth oxides.
Average Trading Volume: 1,580,938
Technical Sentiment Signal: Buy
See more insights into OD6 stock on TipRanks’ Stock Analysis page.