Viridis Mining and Minerals Limited (AU:VMM) has released an update.
Viridis Mining and Minerals Limited has announced a metallurgical milestone for its Colossus project, achieving the highest worldwide recoveries for rare earth elements using ionic leaching, with up to 76% for Nd+Pr and 65% for Dy+Tb. These results not only exceed expectations but also promise significant cost savings by optimizing reagent use and operational conditions, suggesting a positive outlook for the project’s economic viability.
For further insights into AU:VMM stock, check out TipRanks’ Stock Analysis page.