Namibia Critical Metals Inc. renews Environmental Clearance Certificate for Lofdal Heavy Rare Earth Project, enabling exploration and mining activities until 2027.
Namibia Critical Metals Inc. (NCMI) has renewed its Environmental Clearance Certificate for the Lofdal Heavy Rare Earth Project, valid until September 2027, enabling exploration and mining activities. The company is advancing its Pre-Feasibility Study for the expanded Lofdal 2B-4 project, focusing on power supply and material processing improvements, with completion expected by Q1 2025. The project targets valuable metals like dysprosium and terbium, crucial for electric vehicles and electronics.
October 18, 2024
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