Northern Minerals will build Australia’s first heavy rare earths mine at Browns Range in WA after board approval this week for the $56 million development. The mine will be a pilot project operating at about 10% of the scale of a proposed full scale development and will focus on production of “Dysprosium”, a key component of permanent magnets used in large electric motors.
19/04/2017 - 08:34
Northern Minerals board approves $56m rare earths mine in W.A
By Matt Birney
19/04/2017 - 08:34
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Northern MineralsClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 134th Northern Minerals $1.3m 150th Key Petroleum $1.0m 151st Matador Mining $972k 153rd Nordic Nickel $918k 154th Black Cat Syndicate $907k 604 listed resources wa companies ranked by revenue.
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