European Resources LimitedASX: ERE

ANSTO Test Work Raises Korsnas Magnet REE Extraction to 92%

· Issued by European Resources Limited

Filed with ASX · · 10 pages · English

Summary by 6ix AI

European Resources Limited reports on the results of ANSTO's test work, which has improved the extraction of magnet rare earth elements from the Korsnäs project to a significant level after calcite removal. The test results indicate that the extraction rates for neodymium and praseodymium have also increased, showcasing the effectiveness of the new processing methods. The company plans to continue optimizing the extraction process and aims to produce a mixed rare earth carbonate sample as part of its ongoing development efforts. This filing serves to update stakeholders on the metallurgical advancements and future steps in the Korsnäs rare earth elements project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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