Namibia Critical Metals Inc. Announces Positive Pre-Feasibility Study for the Lofdal Heavy Rare Earths Project

Core Insights - Namibia Critical Metals Inc. announced the results of its Pre-Feasibility Study for the Lofdal Heavy Rare Earths Project, indicating significant potential for production of dysprosium, terbium, and yttrium, which are key economic drivers for the project [1] Company Summary - The company is focused on the Lofdal Heavy Rare Earths Project located in Namibia, which is expected to yield substantial quantities of critical rare earth elements [1] Industry Summary - The Lofdal deposit is positioned to contribute significantly to the supply of heavy rare earth elements, which are increasingly important in various high-tech applications and industries [1]