Important Improvement To Defense Metals Process Flowsheet
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Defense Metals Corp. has improved its hydrometallurgical plant process by adding a solvent extraction circuit to remove low-value elements, significantly increasing the Neodymium and Praseodymium oxide content in its product.
January 14, 2025 | 12:30 pm
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POSITIVE IMPACT
Defense Metals Corp. has added a solvent extraction circuit to its plant, increasing the Neodymium and Praseodymium oxide content from 14% to 85%.
The addition of the solvent extraction circuit is a significant improvement in the production process, enhancing the value of the company's product by increasing the concentration of high-value rare earth elements. This is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100