# Namibia Critical Metals Launches Next Phase of Lofdal Definitive Feasibility Study Including Further Value Addition in Namibia Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/namibia-critical-metals-launches-next-phase-of-lofdal-definitive-feasibility-stu--eaa21929-939d-42dd-8473-25bd7420ed96 Original source: https://money.tmx.com/en/quote/NMI/news/6603156935678019/namibia-critical-metals-launches-next-phase-of-lofdal-definitive-feasibility-stu Publisher: tmx Original announcement: 2026-07-20T22:33:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Namibia Critical Metals Inc. - Ticker: NMI - Exchange: TSX - Region: Namibia - Primary commodity: Rare earth - Secondary commodities: Dysprosium, Terbium, Yttrium - Document categories: Metallurgy, Other - Extracted: 2026-09-14 14:32:23 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Namibia Critical Metals has approved C$11 million in additional funding for the Lofdal Heavy Rare Earth Project to advance its Definitive Feasibility Study \(DFS\). The company has awarded major metallurgical contracts to SGS Canada to conduct pilot-scale flotation and hydrometallurgical testing, aiming to demonstrate the production of high-value light and heavy rare earth carbonate products. Reasoning: The announcement marks a major transition from scoping/PFS towards DFS execution with significant funding and high-tier metallurgical testing contracts. - Positive factor: Transition to full DFS execution phase - Positive factor: Award of major metallurgical contracts to SGS Canada - Positive factor: Strategic shift toward high-value downstream carbonate products - Positive factor: Significant de-risking of processing component via pilot-scale testing - Negative factor: Execution risk associated with complex hydrometallurgical flowsheet Facts used in scoring: 2 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The program involves flotation, acid bake, leaching, and solvent extraction. Evidence · text > continuous pilot-scale flotation testing... integrated hydrometallurgical processing **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Metallurgical Results (2) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/namibia-critical-metals-launches-next-phase-of-lofdal-definitive-feasibility-stu--eaa21929-939d-42dd-8473-25bd7420ed96#fact-metallurgical-facts-0) Lofdal Heavy Rare Earth Project · rare earth #### Identity - Project: Lofdal Heavy Rare Earth Project - Commodity: rare earth - Region: namibia - Reported Region: Namibia - Ticker: NMI #### Test Work - Program Status: detailed - Test Type: flotation - Processing Route: flotation - Sample: 30 tonnes of representative ore for pilot-scale flotation #### Lab - Laboratory: SGS Canada Inc. #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-20T00:00:00.000Z Reasoning: Pilot-scale flotation is a critical step for validating the flowsheet for commercial scale. - Positive factor: Pilot-scale testing provides high-quality engineering data Evidence · text > Approximately 30 tonnes of representative ore will undergo continuous pilot-scale flotation testing #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### pilot plant [Link to this fact](https://atlas-extractions.minestarters.com/news/namibia-critical-metals-launches-next-phase-of-lofdal-definitive-feasibility-stu--eaa21929-939d-42dd-8473-25bd7420ed96#fact-metallurgical-facts-1) Lofdal Heavy Rare Earth Project · rare earth #### Identity - Project: Lofdal Heavy Rare Earth Project - Commodity: rare earth - Region: namibia - Reported Region: Namibia - Ticker: NMI #### Test Work - Program Status: detailed - Test Type: pilot plant - Sample: Continuous pilot plant for integrated hydrometallurgical flowsheet #### Lab - Laboratory: SGS Canada Inc. #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-20T00:00:00.000Z Reasoning: Demonstrating the full hydrometallurgical circuit is essential for DFS and project financing. - Positive factor: Comprehensive flowsheet testing from acid bake to precipitation - Negative factor: Complex hydrometallurgical processes carry technical risk Evidence · text > A continuous pilot plant will demonstrate the complete hydrometallurgical flowsheet, including acid bake, leaching, impurity removal, solvent extraction and precipitation. #### Tags used in scoring **Pilot Scale Complete** Polarity: positive Definition: Pilot or demonstration plant testing completed under continuous operation. Why it applies: test\_type names pilot-scale work ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.