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Northern Minerals Ltd

Coffee with Samso - Northern Minerals and the rare earths industry

Northern Minerals aims to become the first significant producer of dysprosium outside of China.

Northern Minerals Ltd - Coffee with Samso - Northern Minerals and the rare earths industry
Samso chats with Northern Minerals managing director and CEO George Bauk

The rare earths industry is commonly misunderstood. Rare earths or REE have recently gained a lot of interest in the media mainly due to the attention created by the US-China trade war.

Most punters in the market are not aware that there is a second aspiring REE producer on the ASX in Northern Minerals Ltd (ASX:NTU).

In this episode, I discuss the company, and the industry, with Northern Minerals managing director and CEO George Bauk.

Several months ago, I learned that the REE industry is primarily about permanent magnets.

Northern Minerals is focused on becoming the first significant producer of the heavy rare earth (HRE) dysprosium outside of China.

The company has a large landholding in Western Australia (WA) and the Northern Territory (NT) that is highly prospective for this element.

Its current portfolio consists of three projects, the Browns Range and John Galt projects in WA, and the Boulder Ridge project in the NT.

Of these projects, Northern Minerals’ 100%-owned Browns Range Project is its flagship project, where it has a number of deposits and prospects containing high-value dysprosium and other HREs, hosted in xenotime mineralisation.

Dysprosium is an essential ingredient in the production of NdDyFeB (neodymium dysprosium iron-boron) magnets used in clean energy and high technology solutions.

As a result of increasing global demand for these applications, dysprosium supply is critical.

www.samso.com.au

Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content.
Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them.
Samso provides bespoke research and presentation for clients to engage their customers or investors.
Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic.
Working with Proactive allows exposing our insights to over 1.2 million monthly unique views internationally.
Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region.
Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of Samso.

Quick facts: Northern Minerals Ltd

Price: $0.06

Market: ASX
Market Cap: $147.38 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...

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