Vital’s North Tardiff Testwork Results Exceed Expectations for Stage 2 REO Operations

8 June 2022

Highlights

  • Metallurgical testwork completed on mineralisation from Tardiff Zone 1 returns grades of up to 39.9% total rare earth oxides (TREO) after three beneficiation stages with an exceptionally low mass pull to the final concentrate of 3.3%.
  • Flotation concentrate grades as high as 42.9% TREO were achieved.
  • The TREO recovery after each of the beneficiation steps (sorting, gravity and flotation concentration) were 91.7%, 81.4% and 66% TREO respectively for an overall recovery of 53.7% TREO, 51.4% Nd2O3.
  • A range of grade recovery curves were achieved with a high grade 39.9% TREO @ 66% recovery concentrate (predominantly light rare earth bastnaesite) to undergo hydrometallurgical testwork together with a lower grade 20% TREO concentrate at ~ 76% recovery (light + heavy rare earth mineralisation)
  • Results highlight Vital’s ability to process Tardiff mineralisation through a similar process flowsheet as Vital is using for the North T deposit at Nechalacho.
  • Vital aims to develop the larger Tardiff deposit as part of Stage 2 operations at Nechalacho.
  • A three-stage strategy aims to transform Vital into the world’s first rare earths producer capable of producing commercial quantities of both heavy and light rare earths
  • Further testwork is underway to determine if separate light and heavy rare earth concentrates can be generated from Tardiff Zone 1.