Viridis Mining Unveils Breakthrough Rare Earth Recovery

Viridis Mining and Minerals Limited (AU:VMM) has released an update.

Viridis Mining and Minerals Limited has announced the successful production of a high-quality Mixed Rare Earth Carbonate (MREC) product, demonstrating outstanding recoveries and a low impurity level, which positions their Colossus project at the forefront of the global rare earth market. The company achieved the highest known recoveries for Magnetic Rare Earth Oxides at 76% using an innovative, low-cost ammonia-based process. This advancement, coupled with the MREC’s high rare earth oxide concentration and low impurity content, propels Viridis towards becoming a leader in the cost-effective production of rare earth elements.

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