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OD6 Metals Ltd. ( (AU:OD6) ) just unveiled an announcement.
OD6 Metals Limited has announced significant advancements in its Splinter Rock Rare Earth Project by integrating nanofiltration technology, which reduces acid requirements by over 80%. This innovation is expected to substantially decrease processing costs and improve the project’s economic viability. The nanofiltration process not only recycles a large portion of the acid used but also reduces the volume of water sent to the Impurity Removal circuit, leading to smaller and more cost-effective operations. These improvements position Splinter Rock as a leading clay-hosted rare earth project in Australia, with further potential for growth through ongoing exploration.
More about OD6 Metals Ltd.
OD6 Metals Limited operates in the mining industry, focusing on the extraction and processing of rare earth elements. The company is particularly involved with the Splinter Rock Rare Earth Project, which is a high-grade and large-scale deposit. OD6 is committed to enhancing project economics and reducing processing costs through innovative technologies.
Average Trading Volume: 301,003
Technical Sentiment Signal: Sell
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