PEA Triggers in REE & Graphite for Leading Edge Materials Leading Edge Materials will present some well timed triggers this quarter.
The groving demand for electrification materials can be worth a fortune for LEM.
WOXNA GRAPHITE
PEA for Woxna Graphite incl. vertically integrated thermally purified products
• One of few fully-built graphite mines in the western world. 4 mining leases with mineral resources of 7.7Mt at 9.48% TGC; fully-built processing plant and infrastructure. Built in the mid 90s and restarted under current ownership in 2014. Flake graphite mine and processing plant permitted to mine 100kt p.a. of mineralized material.
NORRA KRR
PEA for Norra Krr increasing resource efficiency for the project and clearing a permitting path
Norra Krr REE (100%)
• One of the worlds most significant heavy rare earth deposits with an unusual enrichment of the heavy magnet critical elements Dysprosium and Terbium. Identified as a critical project by the European Parliament (ERECON study)
The best opportunity for the EU to develop a secure and sustainable supply of REE
• PEA report in progress looking to valorise a nepheline syenite industrial minerals
product which in the past was considered waste, ~65% of mined material