Axel REE Ltd.ASX: AXL

Axel Validates Ionic REE ISR Development Pathway

· Issued by Axel REE Ltd.

Filed with ASX · · 16 pages · English

Summary by 6ix AI

Axel REE Ltd. has announced validation of its ionic rare earth elements in situ recovery development pathway, confirming the recoverability of rare earths using a mild magnesium sulphate solution. The column leach testwork has shown promising results, with significant recovery rates and low impurity levels, indicating a sustainable extraction method. This development positions Axel as a potential first-mover in commercial rare earth extraction in Minas Gerais, Brazil, with plans for field exploratory tests to commence in the near future.

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