Vital Metals Commences Rare Earth Production At Nechalacho

5 July 2021

HIGHLIGHTS June 2021 Site Update

  • Vital commenced rare earth production at Nechalacho with ore crushing commencing
  • Ore sorter installation complete with commissioning underway
  • Blasting and mining activities ramped up with first ore mined on 29 June 2021; ore stockpiled for crushing
  • Vital will stockpile beneficiated material for transport to Saskatoon rare earth extraction plant later this year
  • Vital becomes Canada’s first rare earth producer and only second in North America highlighting strategic nature of its operations

Vital Metals Limited (ASX: VML) (“Vital Metals” or “the Company”) is pleased to provide an update on activities at its Nechalacho rare earths project in Northwest Territories, Canada, where production commenced via ore sorting in June 2021.

Vital Metals is now the first rare earths producer in Canada and only the second in North America.A picture containing text, outdoor, grass, ground Description automatically generated

Vital Metals’ Managing Director Geoff Atkins said: “Our crews worked hard on site through June to accelerate mining activities, complete the installation of crushing and ore sorting equipment and commence commissioning.

“Mining activities are over 30% complete with waste material removed from the pit to enable the first blast of ore on 28 June and we are now stockpiling ore for the crusher.

“We will continue to ramp up crushing and ore sorting with full production rates expected to be achieved in July. Beneficiated material will be stockpiled for transport to our extraction plant in Saskatoon. We look forward to keeping the market updated through ut the ramp up process in what is a very significant milestone for the Company and North America.”

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