Osmond Resources. ASX.OSM
- Bulk sample results indicate Orion Project has relatively high-grades of six of seven rare earth oxides recently banned for export by the Chinese Government (highlighted below):
- Metallurgical test works are ongoing and include consideration of rare earth element mineral by-products
- Magnet rare earths and titanium metal are both strategic critical raw materials in the EU (two of 17)
- Light rare earths, heavy rare earths, titanium and hafnium are critical raw materials in the EU (four of 34)
- Iberian Critical Minerals Pty Ltd now has path to 95% interest in Orion Project after acquisition of half of remaining third party interest
- Spanish experienced geologist and mining executive Mr Lachlan Rutherford to join Board as Executive Director
- Focus remains on commencing drilling activities
/Public Release.
