# NCMI Applauds JOGMEC investment into Rare Earth Separation and Provides Update on Accelerated Value Engineering at Lofdal Dysprosium-Terbium Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ncmi-applauds-jogmec-investment-into-rare-earth-separation-and-provides-update-o--fac3ba26-2b79-4182-8173-c17bf0aceed3

Original source: https://money.tmx.com/en/quote/NMI/news/8056147978421931/ncmi-applauds-jogmec-investment-into-rare-earth-separation-and-provides-update-o

Publisher: tmx

Original announcement: 2025-04-08T13:10:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Namibia Critical Metals Inc.

- Ticker: NMI

- Exchange: TSX

- Region: Namibia

- Primary commodity: Rare earth

- Secondary commodities: Dysprosium, Terbium

- Document categories: Metallurgy, Other

- Extracted: 2026-08-22 03:41:21 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Namibia Critical Metals provides an update on value engineering for the Lofdal project, including a planned 50% increase in flotation feed grade via XRT/XRF sorting and an increase in annual mine throughput to 3.0 Mt/a. The company also notes the strategic importance of its heavy rare earth project amid global supply disruptions.

Reasoning: The company is reporting significant value engineering progress for its PFS, including flowsheet optimizations and increased production capacity.

- Positive factor: Value engineering expected to increase feed grade to flotation by 50%

- Positive factor: Increased mine throughput from 2.1 Mt/a to 3.0 Mt/a

- Positive factor: Strategic partnership with JOGMEC

- Positive factor: Fully licensed with mining license until 2046

- Negative factor: Geopolitical supply chain risks mentioned

Facts used in scoring: 1

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The project involves flotation and hydrometallurgical circuits.

Evidence · text

> increase of feed grade to flotation

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Rainer Elllies, PhD, MScGeol, EurGeol, AusIMM is named as the Qualified Person.

Evidence · text

> Rainer Ellries, PhD, MScGeol, EurGeol, AusIMM and Vice President of Namibia Critical Metals Inc., is the Company's Qualified Person

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### XRT and XRF sorting

[Link to this fact](https://atlas-staging.minestarters.com/news/ncmi-applauds-jogmec-investment-into-rare-earth-separation-and-provides-update-o--fac3ba26-2b79-4182-8173-c17bf0aceed3#fact-metallurgical-facts-0)

rare earth

#### Identity

- Commodity: rare earth
- Ticker: NMI

#### Test Work

- Program Status: optimization
- Test Type: XRT and XRF sorting
- Sample: bulk samples from Area 4 pit, depth 12-17m

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-08T00:00:00.000Z

Reasoning: Extraction of 2,100 t of bulk samples for sorting tests to improve feed grade.

- Positive factor: Bulk samples extracted to test sorting technology

Evidence · text

> over 2,100 t of bulk samples extracted from a depth between 12 and 17 m

## 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.