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Gabo Mining Ltd V.MDL

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Comment by Coflyfishermanon Apr 12, 2021 11:57am
59 Views
Post# 32977543

RE:RE:RE:RE:Failed timelines strike again

RE:RE:RE:RE:Failed timelines strike againI would surmise that the delay in the TEA could also be due to a focus for the plant now to be outside of the US.  When the TEA was started last fall the thinking was Texas / Gulf Coast to be in close proximity to the Chemours monazite stockpile and 2,000 TPA ongoing.  Since then, Chemours sold the stockpile to the Chinese and Energy Fuels did a deal for the ongoing production.  The logical place would seem to be Australia since there it is in Mark Saxon's backyard and accesst to 10x the monazite that is available with US producers.  This could certainly be part of the delay, too.  I trust Mark Saxon and his plan.  So far so good IMO.
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