Ferro-alloys.com：Vital Metals (ASX:VML) recently announced that it has signed a final mining agreement with the local Det'on Cho Nahanni Construction company to begin work in the North T area of ??the Nechalacho project in Northwestern Canada.

The company stated that the North T area is the first deposit to be mined by the Nechalacho project. Important progress has been made in the production of rare earth oxides in 2021, and Nahanni Construction Company will be mobilized to the site at the end of March.

The Nechalacho project is a high-grade light rare earth (bastnaeite) project located in Nechalacho, northwestern Canada. It is possible to start mining high-grade, easy-to-access near-surface mineralization areas. The Nechalacho Rare Earth Project is located in the upper area. The measured, indicated and inferred JORC resource is 94MT and the TREO content is 1.46%.

General Manager Geoff Atkins said: “The signing of our mining contract in Yellowknife is an important step towards production for Vital’s Nechalacho project. We are very pleased to cooperate with Det’on Cho Nahanni Construction Company, which is owned by local indigenous people.”

Vital Metals is an exploration and development company focusing on rare earth, technological metals and gold projects. VitaLMEtals' goal is to become the lowest-cost mixed rare earth oxide producer outside of China by developing one of the world's highest-grade rare earth deposits and the only rare earth project capable of beneficiating only through ore sorting. 

• [Editor:zhaozihao]