Vital Metals (VML) - Ex-Lynas Rare Earths Team in Production in 2021
Matthew Gordon, Ptolemy Capital
1 Month ago
Interview with Geoff Atkins, Managing Director of Vital Metals (ASX:VML)
Vital Metals is an explorer and developer with highly prospective mineral projects, focusing on the world-class rare earth Nechalacho project in Canada. It plans to commence production at Nechalacho in 2021 and aims to produce a minimum of 5,000 tonnes of contained REO by 2025.
Mining at Nechalacho’s North T Zone will commence in March 2021 as part of its Stage 1 production strategy, and Vital has commenced drilling to define a mine plan for Stage 2 as it works to develop a larger scale, longer life rare earth project.
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