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Namibia Critical Metals Inc V.NMI

Alternate Symbol(s):  NMREF

Namibia Critical Metals Inc. is a Canada-based company primarily focused on developing the Tier-1 rare earth project, Lofdal, a deposit of the heavy rare earth metals, such as dysprosium and terbium. The Company owns a 95% interest in the Lofdal Project, which is fully permitted with a 25-year mining license and is under a Joint Venture agreement with Japan Organization for Metals and Energy Security (JOGMEC).


TSXV:NMI - Post by User

Post by 123buyholdhopeon May 22, 2021 1:31pm
252 Views
Post# 33254221

Namibia more and more intriguing

Namibia more and more intriguingWill Namibia become Japans’ new Lynas but for heavy REE? Presently, Lynas’ heavy seg is going to China for processing. However, if Lynas builds its proposed heavy REE processor in the US (with US matching funds), then Lynas will process its heavy feedstock there, which means probably the product will stay in N. America for strategic and potentially commercial usage. So, Namibia may be Japan’s solution to her future heavy REE needs re., new green related components.

Further, will Namibia spin off its other metals projects to enable more specific REE focus from company, Japanese investment and retail investors? Alkanes' recent spinoff of ASM had a very positive impact on the new REE company sp. Might represent some nice extra company shares for investors should this happen?

Remember, presently nothing but speculation so do your own DD (I hold).
 
GLTA - https://twitter.com/EarthsRare

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