Vital Metals (ASX: VML) is primarily focused on developing and exploring the Nechalacho Rare Earth Project in Northwest Territories, Canada.

We plan to develop the Tardiff deposit at Nechalacho to furnish a larger scale, rare earths project that has potential for a protracted operating life, but also offers scalability due it is size and shallow nature. Tardiff has a Measured & Indicated Mineral Resource of 213 million tonnes at 1.17% TREO, containing 2.48 million tonnes of TREO and more than 623,000 tonnes of NdPr, as announced April 2024.

Tardiff is one of the largest, higher grade rare earth deposits in the world where the shallow parts of the magmatic body is fortune to be endowed with one of the highest proportions of Neodymium + Praseodynium balanced against its total rare earths. These two elements are essential ingredients for applications in the world’s transitional to a technology-driven, low emissions future.

Our other projects include the high-grade Wigu Hill rare earth resource in Tanzania.