Gabo Mining Ltd V.MDL

Metals & Mining Industrial Metals & Minerals

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.

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Gabo Mining Ltd > MDL to monatize on their work

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Comment by gnote1on Feb 15, 2022 7:50pm

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RE:RE:RE:RE:RE:MDL to monatize on their work

Thanks for clarifying!
In the scheme of things 10 million is not a large amount but maybe enough for ACDC to pay for their own test work on their own Monizite. MDL said the money for a plant was not a great amount compared to hard rock mining costs.
MDL shareprice will move up a tad when the IPO is announced and MDL announces the amount they purchased or received.
Hope we hear before the end of the month.

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