05
Aug
12:04
Lynas reports 92% increase in Mt Weld REE resources
Australia-listed Lynas Rare Earths on Monday reported a 92% increase in mineral resources at its Mt Weld rare earths deposit in Western Australia.
The mineral resource estimate (MRE) has increased to 106.6 million tonnes at an average grade of 4.12% total rare earth oxide (TREO) from 55.4m t, Kallanish notes.
Meanwhile, the ore reserves have increased by 63% to 32m t at 6.44% TREO, including a 92% lift in contained dysprosium oxide. Lynas has also reported …
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