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20 Apr
13:57

Vital Metals halts construction on rare earth processing plant

Vital Metals says it is halting construction on its rare earth processing facility in Saskatoon, Saskatchewan, because its plan to market an intermediate RE product was not economical, Kallanish reports. The Australia-based company, Canada’s only operating rare earth miner, also says the scale of rare earth mining at its North T deposit at its Nechalacho project in Canada’s Northwest Territories is not economical and will not produce a positive cash fl…
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