Namibia Critical Metals Successfully Completes Hydromet Pilot Plant Test Work for the Lofdal Heavy Rare Earth Deposit; JOGMEC Increases Budget
Original announcement by tmx on
- Company
- Namibia Critical Metals Inc.
- Ticker
- NMI
- Exchange
- TSX
- Region
- Namibia
- Primary commodity
- Rare earth elements
- Secondary commodities
- Terbium, Dysprosium, Yttrium, Uranium, Thorium, Scandium
- Document categories
- Metallurgy
- Extracted
- 2026-08-22 03:40:31 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Namibia Critical Metals has successfully completed hydrometallurgical pilot plant test work at SGS Lakefield, resulting in a simplified flowsheet for the Lofdal HREE project. The new process reduces reagent consumption and achieves high recoveries for terbium and dysprosium. Additionally, JV partner JOGMEC has increased its budget commitment by $550,000 CDN.
Reasoning: Successful pilot plant scale-up demonstrated significant flowsheet simplification and high recoveries for key HREEs, supported by increased budget commitment from JOGMEC.
Positive factors
- flowsheet simplification
- reduced reagent consumption
- high recovery rates
- increased JV funding
Negative factors
- inflationary costs mentioned
Facts used in scoring: 5
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 94% recovery for Tb and Dy achieved in acid bake tests.
Evidence · text
“recoveries of around 94% terbium (Tb) and dysprosium (Dy)”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: Test work involved flotation concentrate and hydrometallurgical processing.
Evidence · text
“using a 93 kg pilot plant flotation concentrate sample”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Metallurgical Results (5)
acid baketerbiumRecovery: 94 %Head Grade: 2.65Head Grade Unit: % TREOView all detailsHide details
Identity
- Commodity
- terbium
- Ticker
- NMI
Test Work
- Program Status
- detailed
- Test Type
- acid bake
- Sample
- bench scale hydrometallurgical tests (two-stage acid bake)
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 2.65
- Head Grade Unit
- % TREO
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-01-22T00:00:00.000Z
Reasoning: 94% recovery is exceptional for the commodity.
Positive factors
- high recovery
Evidence · text
“recoveries of around 94% terbium (Tb) and dysprosium (Dy)”
acid bakedysprosiumRecovery: 94 %Head Grade: 2.65Head Grade Unit: % TREOView all detailsHide details
Identity
- Commodity
- dysprosium
- Ticker
- NMI
Test Work
- Program Status
- detailed
- Test Type
- acid bake
- Sample
- bench scale hydrometallurgical tests (two-stage acid bake)
Recovery
- Recovery
- 94 %
- Recovery Basis
- actual_test
- Head Grade
- 2.65
- Head Grade Unit
- % TREO
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-01-22T00:00:00.000Z
Reasoning: 94% recovery is exceptional for the commodity.
Positive factors
- high recovery
Evidence · text
“recoveries of around 94% terbium (Tb) and dysprosium (Dy)”
Fact 3dysprosiumView all detailsHide details
Identity
- Commodity
- dysprosium
- Ticker
- NMI
Test Work
- Sample
- REE carbonate precipitate from mini pilot plant
Recovery
- Conc. Grade
- 3.24
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-01-22T00:00:00.000Z
Reasoning: Reported grade in the final carbonate product.
Positive factors
- high purity product
Evidence · text
“REE carbonate precipitate was produced containing 3.24% dysprosium”
Fact 4terbiumView all detailsHide details
Identity
- Commodity
- terbium
- Ticker
- NMI
Test Work
- Sample
- REE carbonate precipitate from mini pilot plant
Recovery
- Conc. Grade
- 0.44
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-01-22T00:00:00.000Z
Reasoning: Reported grade in the final carbonate product.
Evidence · text
“REE carbonate precipitate was produced containing... 0.44% terbium”
Fact 5yttriumView all detailsHide details
Identity
- Commodity
- yttrium
- Ticker
- NMI
Test Work
- Sample
- REE carbonate precipitate from mini pilot plant
Recovery
- Conc. Grade
- 19.3
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-01-22T00:00:00.000Z
Reasoning: Reported grade in the final carbonate product.
Evidence · text
“REE carbonate precipitate was produced containing... 19.3% yttrium”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.