Rare Earth Mining Project
DFS
2026
Active pilot operations commenced at the Mintek JV facility, demonstrating phosphogypsum-to-MREC flowsheet.
Multi-tonne pilot confirmed rare earth enrichment factor and product quality from the tailings feedstock.
DFS underway leveraging pilot plant data to define full-scale commercial parameters.
FID subject to DFS outcomes and securing project finance.
Commercial-scale plant construction at Phalaborwa to begin post-FID.
First rare earth mixed carbonate production from the phosphogypsum tailings stream.
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