Interview with Geoff Atkins, Managing Director of Vital Metals (ASX:VML)
Our previous interview: https://youtu.be/PULsVHJXf0M
Vital Metals (ASX: VML) is Canada’s first – and North America’s second – rare earths producer, with production underway at Nechalacho in June 2021. We aim to produce a minimum 5,000 tonnes of contained REO at Nechalacho by 2025.
Mining at Nechalacho’s North T Zone is underway as part of our Stage 1 production strategy. We are now crushing and sorting ore before it is sent to a Saskatoon cracking and leaching facility later in 2021.
Vital has commenced drilling to define a mine plan for Stage 2 at Nechalacho as it works to develop a larger scale, longer life rare earths project.
Vital aims to become the lowest cost producer of mixed rare earth oxide outside of China by developing one of the highest grade rare earth deposits in the world and the only rare earth project capable of beneficiation solely by ore sorting.
Vital’s other projects include the high-grade Wigu Hill rare earth resource in Tanzania.
0:00 – Company Overview
00:32 – Assets, Potential Acquisitions, & Recent Activities
04:52 – The Aggregation, Gold-On-Gold Projects, & Reading Current Value
07:50 – Business Strategy, Major Challenges, & Significant Catalyst Events
12:27 – Ambition, Public Reactions, & Changing Market Pricings
17:28 – Unlocking Value, Current Agreements, & Near-Term Plans
21:26 – Outro
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