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NORTHERN MINERALS LIMITED

ASX: NTU

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Northern Minerals is an established Australian exploration company primarily focused Rare Earth exploration and development in Western Australia and the Northern Territory.

The company has a portfolio of early stage Heavy Rare Earth Element (HREE) projects which it believes represent an exciting avenue for additional value. The company’s interest in HREE has been supported by the high value nature of its discoveries, and the strong market environment for the HREE product suite it has identified.

The company has a strategic phosphate land package in the Georgina and Amadeus Basins in the Northern Territory.

Browns Range

Northern Minerals’ flagship project is the Browns Range Project (The Project). The Project is located approximately 160 km south east of Halls Creek, in the north of Western Australia. The closest community is the Yaruman Community at Ringer Soak, located approximately 40km north west of The Project.

Construction is anticipated in 2015 with first production from Browns Range expected in 2016.

The Project proposes to use open cut and underground mining methods and processing via benefaction and hydro-metallurgical facilities to produce a high value, mixed rare earth (RE) oxide for export.

The Browns Range Project is one of the highest grade HREE resources in the world and features significant deposits of the high value element, dysprosium.

Northern Minerals' board and management have extensive experience in exploration, project development, mining operations and public company administration.

Mine For

Heavy Rare Earths, Phosphate, Uranium

Location of operation(s)

Northern Territory, Western Australia

Australian Basins

Georgina, Amadeus

Address

Level 1, 675 Murray Street
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 9481 2344

Email

Website


Last Updated

10/02/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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