Important Improvement To Defense Metals Process Flowsheet
Defense Metals (OTCQB: DFMTF) has announced a significant improvement to its hydrometallurgical plant flowsheet by adding a solvent extraction (SX) circuit to remove low-value Cerium and Lanthanum. This modification will increase the Neodymium and Praseodymium (NdPr) oxide content in the mixed rare earth carbonate (MREC) from 14% to at least 85% on a total rare earth oxide basis.
According to Argus Media, this enhancement will result in one of the highest basket values among existing or planned light rare earth production outside China. The improved MREC will reduce product handling equipment capacity requirements and transportation mass. While the modification will increase capital costs, the company believes the benefits will significantly outweigh the expenses.
The pre-feasibility study, expected in Q1, will incorporate the SX circuit in the overall project design.
Defense Metals (OTCQB: DFMTF) ha annunciato un miglioramento significativo al proprio schema impiantistico idrometallurgico, aggiungendo un circuito di estrazione con solvente (SX) per rimuovere Cerio e Lantanio a basso valore. Questa modifica aumenterà il contenuto di ossido di Neodimio e Praseodimio (NdPr) nel carbonato raro misto (MREC) dal 14% almeno all'85% su base totale di ossido di terre rare.
Secondo Argus Media, questo potenziamento porterà a uno dei più alti valori del paniere tra la produzione esistente o pianificata di terre rare leggere al di fuori della Cina. Il miglior MREC ridurrà i requisiti di capacità per le attrezzature di movimentazione dei prodotti e la massa di trasporto. Sebbene la modifica aumenterà i costi di capitale, l'azienda crede che i benefici supereranno significativamente le spese.
Lo studio di pre-fattibilità, previsto per il primo trimestre, incorporerà il circuito SX nel progetto generale.
Defense Metals (OTCQB: DFMTF) ha anunciado una mejora significativa en el flujo del proceso de su planta hidrometalúrgica al agregar un circuito de extracción por solvente (SX) para eliminar Cerio y Lantano de bajo valor. Esta modificación incrementará el contenido de óxido de Neodimio y Praseodimio (NdPr) en el carbonato raro mixto (MREC) del 14% a al menos un 85% en base a óxido total de tierras raras.
Según Argus Media, esta mejora resultará en uno de los valores más altos del cesto entre la producción de tierras raras ligeras existente o planificada fuera de China. El MREC mejorado reducirá los requisitos de capacidad para el manejo de productos y la masa de transporte. Si bien la modificación aumentará los costos de capital, la empresa cree que los beneficios superarán significativamente los gastos.
El estudio de prefactibilidad, que se espera para el primer trimestre, incorporará el circuito SX en el diseño general del proyecto.
Defense Metals (OTCQB: DFMTF)는 Cerium과 Lanthanum의 저가치를 제거하는 용제 추출(SX) 회로를 추가하여 수력금속공장 흐름표에서 중요한 개선 사항을 발표했습니다. 이 수정은 혼합 희토류 탄산염(MREC)의 네오디뮴 및 프라세오디뮴(NdPr) 산화물 함량을 14%에서 최소 85%로 증가시킬 것입니다.
Argus Media에 따르면, 이 향상은 중국 외에서 존재하거나 계획 중인 경량 희토류 생산 중 가장 높은 바스켓 가치를 생성할 것입니다. 개선된 MREC는 제품 취급 장비의 용량 요구 사항과 운송 질량을 줄일 것입니다. 수정으로 인해 자본 비용이 증가하겠지만, 회사는 이점이 지출을 현저히 초과할 것이라고 믿고 있습니다.
1분기에 예정된 예비타당성 조사에서는 SX 회로를 전체 프로젝트 설계에 포함할 것입니다.
Defense Metals (OTCQB: DFMTF) a annoncé une amélioration significative de son schéma de traitement hydrométallurgique en ajoutant un circuit d'extraction par solvant (SX) pour éliminer le Cérium et le Lanthane de faible valeur. Cette modification augmentera le contenu en oxyde de Néodyme et de Praséodyme (NdPr) dans le carbonate mixte des terres rares (MREC) de 14 % à au moins 85 % en base d'oxyde total de terres rares.
Selon Argus Media, ce développement aboutira à l'un des plus hauts valeurs de panier parmi la production existante ou prévue de terres rares légères en dehors de la Chine. Le MREC amélioré réduira les exigences de capacité pour les équipements de manutention des produits ainsi que la masse de transport. Bien que la modification augmentera les coûts d'investissement, l'entreprise estime que les avantages compenseront largement les dépenses.
L'étude de faisabilité, prévue pour le premier trimestre, incorporera le circuit SX dans la conception globale du projet.
Defense Metals (OTCQB: DFMTF) hat eine wesentliche Verbesserung seines hydrometallurgischen Anlagenflussplans angekündigt, indem ein Lösungsmittel-Extraktions (SX)-Zirkulationssystem hinzugefügt wurde, um wertloses Cer und Lanthan zu entfernen. Diese Modifikation wird den Gehalt an Neodym- und Praseodym-Oxid (NdPr) im gemischten seltenen Erdepulver (MREC) von 14 % auf mindestens 85 % auf Basis des gesamten seltenen Erdoxids erhöhen.
Laut Argus Media wird diese Verbesserung zu einem der höchsten Korbwerte unter der bestehenden oder geplanten Produktion von leichten Seltenen Erden außerhalb Chinas führen. Das verbesserte MREC wird die Anforderungen an die Kapazität der Produkt-handling-Ausrüstung und die Transportmasse reduzieren. Obwohl die Modifikation die Investitionskosten erhöhen wird, glaubt das Unternehmen, dass die Vorteile die Kosten erheblich überwiegen werden.
Die Machbarkeitsstudie, die für das erste Quartal erwartet wird, wird den SX-Kreislauf in das gesamte Projektdesign integrieren.
- Increase in NdPr oxide content from 14% to 85% in MREC product
- Achievement of one of the highest basket values outside China
- Reduced product handling and transportation costs
- Enhanced product attractiveness to downstream processors
- Increased capital costs for the project
As a result, the "basket value" of the enhanced MREC would increase significantly and would be among the highest of any existing or planned light rare earth production outside of
In addition, the enhanced MREC significantly reduces the required capacity of the product handling equipment, the mass of the MREC to be transported, and the mass of separation plant feed per unit of NdPr oxide. The elimination of La and Ce from the MREC makes the product far more attractive to downstream processors than the product which was initially envisaged to be produced. While this change to the flowsheet will somewhat increase the capital cost of the project it is believed that the benefits of this change will far outweigh its costs.
Mr. John Goode, P.Eng., Defense Metals Consulting Metallurgist said:
"The SX plant has been designed conservatively using industry standard and proven methods supplemented by bench scale tests. Hundreds of SX circuits similar to that proposed are successfully in operation around the world."
Mr. Mark Tory, President and CEO added:
"I am impressed with the quality of the metallurgical work which has been done by the company under the leadership of John Goode who is recognised worldwide as one of the leading experts in this type of work."
The pre-feasibility study that, as already announced, is expected to be released by Defense Metals in Q1, will include the SX circuit as part of the overall project design.
About Defense Metals Corp. and its Wicheeda Rare Earth Element Project
Defense Metals Corp. is focused on the development of its
The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of
For further information, please visit www.defensemetals.com or contact:
Alex Heath
Senior Vice President, Corporate Development & Interim CFO
Tel: +1 604-354-2491
Email: alex@defensemetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding "Forward-Looking" Information
This news release contains "forward‐looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, any statements (expressed or implied) relating to: advancing the Wicheeda Project, the process flowsheet and other matters. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. All statements in this news release, other than statements of historical facts, that address events, contribution or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.
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SOURCE Defense Metals Corp.
FAQ
What improvement did Defense Metals (DFMTF) make to its hydrometallurgical plant flowsheet?
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