Medallion Resources Ltd has announced the completion of a suite of diagnostic test work at the Australian Nuclear Science and Technology Organization (ANSTO) in Sydney to extract rare earth elements (REE) from mineral sand monazite.
The company said the monazite was sourced from an Australian mineral sand mine and discussions are ongoing with additional prospective suppliers.
Mineral sand monazite is an abundant REE-rich feedstock that can be accessed as a by-product from global mineral-sand mines that target zirconium and titanium — without the need for additional mining.
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