Vital Metals’ Geoff Atkins on the race to produce rare earths in 2021
Channel: InvestorCoffee
Date: 24/11/2020

In a recent InvestorIntel interview, Tracy Weslosky speaks with Geoff Atkins, Managing Director of Vital Metals Limited (ASX: VML), about the market interest in Vital Metals and signing a binding term sheet with the Saskatchewan Research Council (SRC) to negotiate a definitive agreements for the construction and operation of a rare earth extraction plant.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Geoff started, "We are moving full steam ahead towards getting into production at Nechalacho Project in 2021." He continued by saying that Vital Metals is closest to production in the rare earths space which draws a lot of interest, he mentioned, only one rare earths project went into production in the last decade.

Geoff also commented on the Vital Metals' binding term sheet with the Saskatchewan Research Council (SRC). He said, "The Saskatchewan Research Council has a lot experience with rare earths and we have agreed with them that they will build and operate a rare earths extraction plant for us."

About Vital Metals Limited: Vital Metals is an explorer and developer with highly prospective mineral projects, focusing on the world-class rare earth Nechalacho project in Canada. They plan to commence production at Nechalacho in 2021, and aims to produce a minimum 5,000 tonnes of contained REO by 2025. Vital Metals aims to become the lowest cost producer of mixed rare earth oxide outside of China by developing one of the highest grade rare earth deposits in the world and the only rare earth project capable of beneficiation solely by ore sorting. Vital’s other projects include the high-grade Wigu Hill rare earth resource in Tanzania.

Disclaimer: Vital Metals Limited is an advertorial member of InvestorIntel Corp.