Victory Metals Limited (ASX: VTM) has achieved significant milestones in its North Stanmore Heavy Rare Earth Elements (HREE) Project. Notably, breakthrough metallurgical results have reduced leach times to 30 minutes for 80% rare earths extraction, significantly improving efficiency compared to prior estimates. This shortened leach time promises reduced CAPEX and OPEX, simplifying processes with a smaller leach circuit. Furthermore, size-based fractionation has enhanced critical element grades like Terbium, Dysprosium, and Scandium, important for high-tech and defense applications.
The project has also met key environmental milestones, with comprehensive baseline studies ensuring no environmental barriers to progress. In addition, VTM signed a Letter of Intent (LOI) with Sumitomo Corporation to advance offtake agreements for North Stanmore, while U.S. strategic advisor Emma Doyle joins to strengthen ties with international markets. Victory is on track for 2027 pilot plant production, reinforcing its role in global rare earth supply.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Victory Metals Update-North Stanmore Project Progress.
Victory Metals Limited (ASX: VTM) has achieved significant milestones in its North Stanmore Heavy Rare Earth Elements (HREE) Project. Notably, breakthrough metallurgical results have reduced leach times to 30 minutes for 80% rare earths extraction, significantly improving efficiency compared to prior estimates. This shortened leach time promises reduced CAPEX and OPEX, simplifying processes with a smaller leach circuit. Furthermore, size-based fractionation has enhanced critical element grades like Terbium, Dysprosium, and Scandium, important for high-tech and defense applications.
The project has also met key environmental milestones, with comprehensive baseline studies ensuring no environmental barriers to progress. In addition, VTM signed a Letter of Intent (LOI) with Sumitomo Corporation to advance offtake agreements for North Stanmore, while U.S. strategic advisor Emma Doyle joins to strengthen ties with international markets. Victory is on track for 2027 pilot plant production, reinforcing its role in global rare earth supply.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au