NioBay Announces the Completion and Success of Metallurgical Work on the Crevier Project

Original announcement by tmx on

Company
NioBay Metals Inc.
Ticker
NBY
Exchange
TSX
Region
Québec
Primary commodity
Niobium
Secondary commodities
Tantalum, Zirconium
Document categories
Metallurgy
Extracted
2026-08-21 00:20:06 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NioBay has completed successful pilot-scale metallurgical and hydrometallurgical testing at the Crevier Project. The work demonstrated high extraction rates for niobium (92.3%) and tantalum (95.8%), with potential for zirconium valorization from leach residues.

Reasoning: Successful pilot-scale metallurgical testing demonstrating high recoveries for both niobium and tantalum, plus potential zirconium byproduct value.

Positive factors

  • Pilot-scale success
  • High extraction efficiency
  • By-product valorization potential

Facts used in scoring: 5

Atlas analysis — NioBay Metals Inc.: NioBay Announces the Completion and Success of Metallurgical Work on the Crevier Project. 70% recovery; 92.3% recovery; 95.8% recovery

Classification and evidence

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The work is described as a 'Demonstration of the Pilot-Scale Niobium-Tantalum Concentration Process'.

Evidence · text

“Demonstration of the Pilot-Scale Niobium-Tantalum Concentration Process”

Mill Routeneutral

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

Why it applies: The work involved gravimetric separation, magnetic separation, and flotation tests.

Evidence · text

“gravimetric separation, magnetic separation, flotation tests”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

Fact 1niobiumRecovery: 70 %View all details
Link to this fact

Identity

Commodity
niobium
Ticker
NBY

Test Work

Sample
Pilot-scale concentration process (Nb2O5)

Recovery

Recovery
70 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: 70% recovery achieved during pilot-scale concentration stage.

Positive factors

  • Targeted grades achieved

Evidence · text

“demonstrates a 70% recovery of Nb2O5”
Fact 2niobiumRecovery: 92.3 %View all details
Link to this fact

Identity

Commodity
niobium
Ticker
NBY

Test Work

Sample
Hydrometallurgical extraction (conventional process)

Recovery

Recovery
92.3 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Strong extraction rate for niobium via conventional hydrometallurgical process.

Positive factors

  • High extraction efficiency

Evidence · text

“overall extraction rates (conventional process) averaging 92.3% for niobium”
Fact 3tantalumRecovery: 95.8 %View all details
Link to this fact

Identity

Commodity
tantalum
Ticker
NBY

Test Work

Sample
Hydrometallurgical extraction (conventional process)

Recovery

Recovery
95.8 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Very high extraction rate for tantalum via conventional hydrometallurgical process.

Positive factors

  • High extraction efficiency

Evidence · text

“95.8% for tantalum”
Fact 4niobiumRecovery: 86.4 %View all details
Link to this fact

Identity

Commodity
niobium
Ticker
NBY

Test Work

Sample
Alkaline fusion and water leaching (low-grade concentrate)

Recovery

Recovery
86.4 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High yield achieved using a fluoride-free alkaline process on low-grade concentrate.

Positive factors

  • High extraction yield

Evidence · text

“achieved high extraction yields - 86.4% for niobium”
Fact 5tantalumRecovery: 91.4 %View all details
Link to this fact

Identity

Commodity
tantalum
Ticker
NBY

Test Work

Sample
Alkaline fusion and water leaching (low-grade concentrate)

Recovery

Recovery
91.4 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High yield achieved using a fluoride-free alkaline process on low-grade concentrate.

Positive factors

  • High extraction yield

Evidence · text

“91.4% for tantalum”

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.