OD6 Metals says new results suggest attractive processing economics

–News Direct–

OD6 Metals Ltd (ASX:OD6) MD Brett Hazelden tells Proactive the company has delivered very positive results from metallurgical tests on clay-hosted rare earth elements (REEs) at its Splinter Rock Project, northeast of Esperance in Western Australia. The tests, conducted by the Australian Nuclear Science Organisation (ANSTO), confirm low acid consumption (HCI) at an average of 16 kg HCl per tonne of ore and average 61% magREO recovery at 20 grams per litre of HCl. The results, along with the project's high rare earth grades, low stripping ratios and substantial tonnages, demonstrate the potential pathway for commercial production of rare earths at Splinter Rock.

“These low acid consumption numbers are very positive, validating our proposed processing route and providing confidence in future potential process economics,” Hazelden said.

“This represents a key value lever as we continue to tick all the major boxes that pave the way for project development success.

“We continue to focus on identifying the best-of-the-best prospect areas, with our methodical and disciplined approach, in conjunction with research and development relationship with ANSTO, already yielding notable technical benefits.”

Contact Details

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/od6-metals-says-new-results-suggest-attractive-processing-economics-288175156