Vital Metals

Industry: MINING

Vital Metals (ASX: VML) is making significant strides in the rare earth sector, with its primary focus on developing and exploring the Nechalacho Rare Earth Project in Northwest Territories, Canada. At the forefront of their efforts is the Tardiff deposit, boasting a Measured & Indicated Mineral Resource of 119.0 million tonnes at 1.4% TREO, containing 1.67 million tonnes of TREO as of December 31, 2022. Recognized as one of the largest and higher-grade rare earth deposits globally, Tardiff stands out for its shallow nature and substantial proportions of Neodymium and Praseodymium, vital elements for the transition to a technology-driven, low emissions future. Additionally, Vital Metals maintains operations in Tanzania, notably with the high-grade Wigu Hill rare earth resource.

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