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Osmond Resources found high-grade heavy minerals, including critical rare earths, at its Orión project in Spain, advancing Europe’s domestic supply goals.
Osmond Resources has found high-grade heavy minerals at its Orión project in southern Spain, with initial samples showing 28–31% total heavy minerals, including significant rutile, zircon, and rare earth elements like neodymium and dysprosium.
The deposit also contains 1,295 ppm hafnium and 1.1–1.2% total rare earth oxides, supporting its potential as a key European source of critical minerals.
A second drill rig is now active, with plans for a maiden resource estimate, flow sheet, and scoping study by mid-2026, aligning with EU goals for domestic extraction by 2030.
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Osmond Resources encontró minerales pesados de alta calidad, incluidas las tierras raras críticas, en su proyecto Orión en España, avanzando en los objetivos de suministro interno de Europa.