Victory Metals Claims Low-Cost Breakthrough in Heavy Rare Earth Recovery at North Stanmore

Victory Goldfields Limited ( (AU:VTM) ) has provided an update.

Victory Metals has reported breakthrough metallurgical results from flotation concentrate at its North Stanmore heavy rare earth project in Western Australia, achieving a 48× upgrade to 5.9% TREO while rejecting about 95% of feed mass. Subsequent leaching using low-concentration hydrochloric acid in standard agitated tanks at atmospheric pressure delivered more than 70% extraction of key heavy rare earths dysprosium, terbium and yttrium.

The company says this conventional, low-acid, low-temperature flowsheet avoids the need for high-temperature acid cracking and associated billion-dollar capital costs seen in peer projects, and allows product to be shipped as general cargo. Victory plans to pursue a simple, low-cost flotation circuit and sell its heavy rare earth concentrate into global, particularly Western, markets, arguing the high yttrium content and streamlined processing route could give it a competitive edge and faster path to production, while further optimisation and flowsheet work continues.

The most recent analyst rating on (AU:VTM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Victory Goldfields Limited stock, see the AU:VTM Stock Forecast page.

More about Victory Goldfields Limited

Victory Metals Limited is an Australian exploration and development company focused on heavy rare earth elements at its 100%-owned North Stanmore project in Western Australia. The company aims to supply high-value rare earths such as dysprosium, terbium and yttrium to Western markets, positioning itself as a potential non-Chinese source in a strategically important sector.

Average Trading Volume: 320,560

Technical Sentiment Signal: Buy

Current Market Cap: A$184.5M

Learn more about VTM stock on TipRanks’ Stock Analysis page.