RDM: Sybella Six Metre Columns Leach Tests Underway

Original announcement by asx on

Company
Red Metal Limited
Ticker
RDM
Exchange
ASX
Region
Unavailable
Primary commodity
Rare earths
Secondary commodities
Neodymium, Praseodymium
Document categories
Metallurgy, Other
Extracted
2026-10-21 00:10:56 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Red Metal Limited has commenced large-diameter, six-metre tall column leach tests on Saprock and Transitional ore from the Sybella Kary Zone. These tests aim to simulate full-scale commercial heap conditions to de-risk future Definitive Feasibility Study (DFS) design assumptions. Parallel tests are also underway using a coarser -30mm crush size to evaluate potential cost reductions.

Reasoning: The commencement of larger-scale column leach tests is a significant de-risking milestone for the upcoming DFS, moving from lab-scale to more realistic heap simulations.

Positive factors

  • Scaling up to larger 6m columns provides more representative simulation of commercial heap
  • Testing coarser crush sizes to potentially lower OPEX and CAPEX
  • Building on previous successful 2m column leach results

Facts used in scoring: 2

Classification and evidence

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The current 6m tests are scaling up from previous 2m tests, but are still column-scale rather than full-scale heap leach plant tests.

Evidence · text

“The program is designed to bridge the gap between laboratory-scale testing and full-scale heap leaching”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leach")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

Fact 1neodymiumRecovery: 76 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
neodymium
Ticker
RDM

Test Work

Sample
Transitional ore from 2m column leach test (reported 18 June 2026)

Recovery

Recovery
76 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-18T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Historical result reported for comparison; shows strong recovery for neodymium.

Positive factors

  • Strong extraction result of 76%

Evidence · text

“Neodymium extraction of up to 76%”
Fact 2praseodymiumRecovery: 78 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
praseodymium
Ticker
RDM

Test Work

Sample
Transitional ore from 2m column leach test (reported 18 June 2026)

Recovery

Recovery
78 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-06-18T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Historical result reported for comparison; shows strong recovery for praseodymium.

Positive factors

  • Strong extraction result of 78%

Evidence · text

“Praseodymium extraction of up to 78%”

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.