Update on the Phalaborwa Rare Earths Project DFS
Phalaborwa rare earths DFS progresses with optimised flowsheet and pilot plant operations in H1 2026.
- Ecora royalty rate 0.85%
- Royalty rate if no production by 1 July 2028 1.10%
- Flowsheet in engineering phase 75%
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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") providing a detailed update on the Definitive Feasibility Study (DFS) for its Phalaborwa rare earths project. Highlights of the release include:
- Test work and pilot plant operations have optimised and simplified the flow sheet at Phalaborwa
- Major process decisions and optimisations have been delivered and implemented by Rainbow's in-house laboratory
- Pilot plant has operated successfully during H1 2026 with data recovered feeding into the process design for the DFS
- 75% of flowsheet now in engineering phase of DFS, final optimisation of the solvent extraction (SX) circuit underway.
Ecora holds a 0.85% Gross Revenue Royalty on the Phalaborwa project, increasing to 1.10% if commercial production does not occur prior to 1 July 2028.
The full announcement from Rainbow can be viewed here.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.