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ASX:VTM

4 stories mentioning ASX:VTMUpdated 1d ago

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Asia

Victory Metals Says Western Australia Project Pilot Plant Delivers Around 7.1% TREO Concentrate

Victory Metals (ASX:VTM) said the pilot plant at its North Stanmore project in Western Australia delivered an around 7.1% grade of total rare earth oxide (TREO) concentrate from a feed grade of 1,195 parts-per-million (ppm) comprising 40% heavy rare earth oxides (HREO), according to a Wednesday Australian bourse filing.The concentrate includes 2,777 ppm of dysprosium oxide, 479 ppm of terbium oxide, and 1.77% by weight of yttrium oxide.The flotation feed was prepared as a composite of 65 one-meter samples collected between 14 meters and 58 meters downhole from 25 drill holes across the North Stanmore deposit.The result was achieved in a continuously fed circuit operating at around 12 times the scale of previous flotation test work on North Stanmore ore. Victory will move to produce larger volumes of its heavy rare earth-enriched concentrate for supply to potential offtake partners.Its shares rose 2% in recent trading on Wednesday.

ASX:VTM
Asia

Victory Metals Signs Agreement With Wajarri Yamaji for Western Australia Mining Project

Victory Metals (ASX:VTM) has signed an agreement with the Wajarri Yamaji Aboriginal Corporation (WYAC) to support the granting of a mining license for its North Stanmore project in Western Australia, securing traditional owner consent and land access arrangements, according to a Wednesday Australian bourse filing.The company said the agreement is a key step in the native title process to help secure a mining license grant for North Stanmore, advancing the project alongside the advancing pre-feasibility study and the previously disclosed $190 million Export-Import Bank letter of intent.

ASX:VTM
Asia

Victory Metals Joins US Defense Consortium

Victory Metals (ASX:VTM) has been approved as a member of the US Defense Industrial Base Consortium (DIBC), integrating the company into the American defense procurement network, according to a Monday filing with the Australian bourse.The DIBC membership is designed to provide access to US Department of Defense funding programs, prime contractors, and downstream critical mineral processors, per the filing.The company said this strengthens North Stanmore's role as a Western-aligned source of heavy rare earths and strategic minerals, including those subject to Chinese export controls, and supports its strategy of US-linked critical minerals partnerships, the filing added.

ASX:VTM
Asia

Victory Metals Finalizes Test Work Inputs for Western Australia Project Pre-Feasibility Study; Shares Down 3%

Victory Metals (ASX:VTM) finalized key metallurgical test work inputs for its pre-feasibility study on the North Stanmore project in Western Australia, delivering capital and operating expenditure reduction opportunities, according to a Monday filing with the Australian bourse.The study is on track for delivery in the second quarter, the filing said.Shares fell 3% in midday trade on Monday.

ASX:VTM

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