The wholly owned Mount Ridley Critical Minerals Project hosts co-located scandium, gallium and heavy rare-earth resources in the Grass Patch Complex. Phase 2 re-assaying continues, with additional density testwork to support upgrading portions of the resource to higher JORC confidence categories. Scoping-study discussions with engineering firms concern the design and costing of a planned Selectro demonstration plant. Initial laboratory testwork provides an indication of metallurgical response only; it does not establish commercial-scale performance or project-wide recoveries. Further optimisation, beneficiation, separation and larger-scale testwork is required. The resource-statement tenements are subject to standard government royalties, with no other overriding royalties.
- Country
- Australia
- Commodity
- REE
- Stage
- Exploration