All tagged Northern Minerals ASX:NTU
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has announced assay results from recently completed diamond drilling at the Dazzler and Iceman prospects, part of the Browns Range Project in the East Kimberley region of Western Australia.
In a worrisome week for worldwide economies, there were still pockets of good news to be found on the Australian market – even outside of the gold sector.
Australian heavy rare earths producerNorthern Minerals (ASX: NTU) has entered into a subscription agreement with Baogang Group Investment (Australia) Pty Ltd (BGIA) to raise $20 million under a private placement.
Australian heavy rare earths producer Northern Minerals (ASX: NTU) has commenced a Scoping Study to the investigate separation technology on intermediate mixed rare earths materials produced at Browns Range. If adopted, this technology will allow Northern Minerals to produce separated rare earth oxides, including dysprosium oxide and terbium oxide for sale directly to permanent magnet makers globally, rather than a mixed heavy rare earth carbonate that currently requires separation in China.
Northern Minerals (ASX: NTU) has announced that, further to recent announcements in relation to the Company’s $30 million placement, it has received a further $7.86 million in subscription funds.
Northern Minerals (ASX: NTU) has entered into an offtake agreement with thyssenkrupp Materials Trading Gmbh (thyssenkrupp), one of the world’s leading raw material distributors from the Materials Services business area, for 100% of offtake from the Browns Range Pilot Plant Project.
Northern Minerals (ASX: NTU) has terminated the Rare Earths Carbonate Offtake Agreement with Lianyugang Zeyu New Materials Sales Co., Ltd (JFMAG) announced on 6 April 2017 due to JFMAG being in breach of the agreement and not rectifying the breach within the required timeframe.
Alongside a $30 million capital raising, Australian company Northern Minerals (ASX: NTU) - the world’s only heavy rare earth producer outside of China - has this week approved plans to expand a raft of project enhancement initiatives at its Browns Range pilot plant project in northern Western Australia, on the back of heightened interest in the company and its flagship operation
Australian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) has released its activities report for the three months to June 30 to the market.
Australian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) has announced that in relation to the previously announced $30 million placement, the Company has now received approximately $11.9 million in subscription funds.