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Red Metal Limited (ASX:RDM)

ALERT: Price-sensitive ASX Announcement for RDM
Current share price for RDM : $0.135 0.01 (8%)+
Announcement
Release
17 Nov 2025 8:26AM
Price at Release
$0.125
Full Release
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Summary
Red Metal Limited announced the successful results from Ion Exchange trials on the Sybella Rare Earth Project, which significantly enhance the enrichment of rare earth oxides and the separation of impurities from Pregnant Leach Liquor. The breakthrough research demonstrates a simplified and cost-effective processing method that increases the recovery rate of mixed rare earth carbonate, reduces processing complexity, and lowers associated costs. These findings are supported by ongoing comminution and leach tests aimed at optimizing the process further.
Key Points
  • Red Metal Limited reported successful Ion Exchange trials at Sybella Rare Earth Project.
  • The trials successfully separated rare earth elements (REE) from impurities such as iron and aluminium.
  • A final Strip Liquor with very low impurities and a 9x enrichment of total rare earth oxide (TREO) content was achieved.
  • The Ion Exchange process simplifies the flowsheet, potentially reducing capital and operating costs.
  • The process increases REE recovery from Pregnant Leach Liquor to mixed rare earth carbonate (MREC) from approximately 93% to 99%.
  • The simplified process offers reduced flowsheet complexity and lower alkali costs.
  • Advanced comminution studies and weak-acid column heap leach tests are near completion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.