Rare Earth Mining Project
Carbonatite
Bastnäsite / Monazite
Nd, Pr (Magnet Grade)
Positive PFS completed for the Songwe Hill carbonatite deposit in Malawi.
DFS confirmed project economics targeting NdPr and heavy rare earth production.
Full mining permit application submitted to the Malawian Government for review.
Regulatory approval for mining operations required before FID.
FID subject to permit receipt, offtake agreements and project financing close.
Mine development and processing plant construction.
First rare earth carbonate production from the Songwe Hill operation.
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