Leading Edge Materials Corp. V.LEM

Triggers for Leading Edge

[GoldPathfinder]

The PEA for Woxna & Norra Krr can soon be huge triggers:


"The results from these two studies, which are expected in the near future, will provide the basis for the next steps in development for each project. So we are looking at a very active remainder of 2021. Importantly, the studies will provide the details of what the investment case looks like for the projects which can then be communicated to the broader investment community."

"For Woxna, the study is about demonstrating the potential added economic benefit of producing an active anode material for the lithium-ion industry based on last few years development of the required downstream processes. Woxna benefits from access to low cost green hydropower which offers a competitive advantage as sustainability is becoming increasingly important. To demonstrate this advantage we have also commissioned a life cycle assessment on the envisioned production from Woxna which aligns with the sustainable battery regulation announced by the European Commission in late 2020 that will enforce carbon footprint declarations on any batteries placed on the European market. There has been a constant flow of battery factory capacity announcements, most recently by Volkswagen announcing plans for six 40GWh battery plants by 2030 in Europe alone. With a built mine looking to add the downstream value add processing, and an ideal location logistically in Sweden, Woxna is in the right time and place to benefit from the expected exponential growth in graphite anode demand over the next decade.

For Norra Karr, the study is about maximizing the resource efficiency whilst minimizing the environmental footprint of the project in order to regain a social license in addition to potential improvements in the economics of the project. Norra Karr is one of few heavy rare earth element projects of its kind globally, and the only project in Europe that could supply significant amounts of critical permanent magnet rare earths such as dysprosium and terbium. As Europe is urgently looking to support the development of its own rare earth magnet value chain to reduce reliance on China, Norra Krr could be a key piece to solve that puzzle."

[GoldPathfinder]

New comments from yesterday regarding the two PEA:s: "The Company is continuing to finalize the two preliminary economic assessment (“PEA”) studies on our Swedish projects. For Woxna, the PEA is looking to demonstrate the potential added economic benefit of producing active anode material for the lithium-ion industry based on the Company’s research and development of downstream processes

[GoldPathfinder]

More triggers for Leading Edge Materials REE - project: Now Leading Edge Materials, "Norra Krr" is the only alternative for mining of REE in the EU! The competition in  Greenlands (Denmark) "Kvanefjeld mining complex" is stopped https://www.dw.com/en/greenland-left-wing-inuit-ataqatigiit-party-wins-election/a-57118506

[chico237]

Woxna & adding the "value added graphite" is the key right now to getting the ball rolling. When are they getting those damn studies done????  Processing facility will need to be updated to produce this value added graphite & they can move on this once the damn study recieved? Norra Karr is a great asset too...(just 8 years+/-) down the road mate by the time they permit

[GoldPathfinder]

In the last interview of Filip Kozlowski he said that the reports will be ready next month= April. He blamed the delay on Covid but also that it took longer time because of new opprtunities. Hopefully we will get a better report! Last interview: https://www.youtube.com/watch?v=nEhoEovipkw&t=514s