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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.

 

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