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Northern Minerals Ltd

Northern Minerals on track to be most significant dysprosium producer outside China

Northern Minerals (ASX: NTU) managing director and CEO George Bauk tells Proactive Investors the company is forging ahead with plans to become the first significant producer of dysprosium outside China.

Its flagship Browns Range project at Halls Creek, WA, is on its way to full-scale operation and is currently at bankable feasibility study level.

Dysprosium is a heavy rare earth (HRE) ingredient largely used in magnets, and is becoming increasingly important in the electric car revolution.

Northern Minerals has big ambitions in its five year plan to become one of the biggest dysprosium players in the global market.

Quick facts: Northern Minerals Ltd

Price: 0.061 AUD

Market: ASX
Market Cap: $155.62 m
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Northern Minerals begins exploration drilling at Browns Range project

Northern Minerals Ltd (ASX:NTU) managing director & CEO George Bauk caught up with Proactive London's Andrew Scott soon after announcing they've started exploration drilling at its Browns Range project in Western Australia’s East Kimberley region. The reverse circulation drilling program...

on 11/9/19

2 min read