Victory Metals LimitedASX: VTM

Breakthrough heavy rare earth recovery pathway to production

· Issued by Victory Metals Limited

Filed with ASX · · 30 pages · English

Summary by 6ix AI

Victory Metals Limited has announced significant metallurgical leaching test results from its North Stanmore Heavy Rare Earth Project in Western Australia, indicating a breakthrough in heavy rare earth recovery pathways to production. The tests achieved high extraction rates of critical heavy rare earth elements, including Dysprosium, Terbium, and Yttrium, using a standard hydrometallurgical process that avoids high-temperature acid cracking. The company plans to sell its concentrate directly to Western markets, leveraging its unique processing advantages and the growing demand for these critical materials.

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