NioCorp Rare Earth Demonstration Plant Showing Positive Rare Earth Recovery Results
These relatively high rates, which were expected, point to potentially strong rates of overall recovery of separated rare earth oxides, subject to additional demonstration testing over the coming weeks.
- These relatively high rates, which were expected, point to potentially strong rates of overall recovery of separated rare earth oxides, subject to additional demonstration testing over the coming weeks.
- Additional solvent extraction steps will be deployed to establish the ultimate recovery rates of potential rare earth products.
- NioCorp is currently focused on demonstrating its ability to recover three high-purity rare earth products: (1) neodymium-praseodymium ("NdPr") oxide, which is the principal component of neodymium-iron-boron ("NdFeB") permanent rare earth magnets, (2) Dysprosium ("Dy") oxide, and (3) Terbium ("Tb") oxide.
- However, very little of these high-purity separated rare earth products are made outside of Asia.