Phalaborwa Rare Earths Project Update
Ecora Resources PLC has announced an update regarding the Phalaborwa Rare Earths Project, noting that Rainbow Rare Earths Limited has selected solvent extraction as the separation route for rare earth oxides, which will allow for the finalisation of the project flowsheet and completion of the definitive feasibility study. Ecora holds a 0.85% Gross Revenue Royalty on this project, which is expected to produce separated NdPr oxide and SEG+ Group at over 99.5% purity.
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Ecora (LSE/TSX: ECOR, OTCQX: ECRAF) a critical minerals focused royalty company, notes the press release issued today by Rainbow Rare Earths Limited ("Rainbow") announcing the selection of solvent extraction as the rare earth oxide separation route for the Phalaborwa project to produce separated NdPr oxide and the SEG+ Group at +99.5% purity, allowing for the finalisation of the project flowsheet and subsequent completion of the definitive feasibility study.
Ecora holds a 0.85% Gross Revenue Royalty on the Phalaborwa project.
The full announcement from Rainbow can be viewed here: https://irtools.co.uk/112/story/89a8b552-d6c7-43b7-982b-c7c84a5c6bb9
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.