NCMI Applauds JOGMEC investment into Rare Earth Separation and Provides Update on Accelerated Value Engineering at Lofdal Dysprosium-Terbium Project
Original announcement by tmx on
- Company
- Namibia Critical Metals Inc.
- Ticker
- NMI
- Exchange
- TSX
- Region
- Namibia
- Primary commodity
- Rare earth
- Secondary commodities
- Dysprosium, Terbium
- Document categories
- Metallurgy, Other
- Extracted
- 2026-09-14 15:27:15 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Namibia Critical Metals provides an update on value engineering for the Lofdal project, including a planned increase in run-of-mine production from 2.1 Mt/a to 3.0 Mt/a. The company is also implementing ore sorting to increase flotation feed grades by 50% and has commenced geotechnical drilling to optimize pit design.
Reasoning: The company is reporting significant progress in value engineering for its PFS, including flowsheet optimizations and increased throughput capacity.
Positive factors
- Value engineering expected to increase flotation feed grade by 50%
- Planned increase in run-of-mine from 2.1 Mt/a to 3.0 Mt/a
- Strategic investment by JOGMEC in the sector provides tailwinds
- Geotechnical drilling expected to allow steeper pit slopes and lower stripping ratio
Facts used in scoring: 2
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The company is optimizing a flowsheet involving flotation and hydrometallurgical circuits.
Evidence · text
“increase the feed grade to flotation”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
XRT and XRF sorting testsLofdal · rare earthView all detailsHide details
Identity
- Project
- Lofdal
- Commodity
- rare earth
- Region
- namibia
- Reported Region
- Namibia
- Ticker
- NMI
Test Work
- Program Status
- optimization
- Test Type
- XRT and XRF sorting tests
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-08T00:00:00.000Z
Reasoning: Significant improvement in feed grade expected through sorting technology.
Positive factors
- Flowsheet optimization via XRT/XRF sorting
Evidence · text
“increase the feed grade to flotation by 50%”
Fact 2Lofdal · rare earthView all detailsHide details
Identity
- Project
- Lofdal
- Commodity
- rare earth
- Region
- namibia
- Reported Region
- Namibia
- Ticker
- NMI
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-04-08T00:00:00.000Z
Reasoning: Expansion of annual throughput capacity.
Positive factors
- Increased production capacity
Evidence · text
“Increase of run-of-mine from 2.1 Mt/a to 3.0 Mt/a”
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.