Heavy rare earth geology is expanding beyond southern China, but separation capacity remains the critical bottleneck. Here's where the new frontiers stand.
Company Profile
Namibia Critical Metals
Overview
About Namibia Critical Metals
Namibia Critical Metals Inc. is a Canadian rare earth exploration and development company listed on the TSX Venture Exchange (TSXV: NMI) and OTCQB (NMREF), focused on the upstream supply of heavy rare earths outside China. Its flagship Lofdal Heavy Rare Earths Project in northwestern Namibia is one of the most advanced global sources of dysprosium, terbium and yttrium, the heavy rare earths critical to high-performance permanent magnets, phosphors and advanced materials. Following a positive Pre-Feasibility Study, the project is being advanced toward a Definitive Feasibility Study in partnership with Japan’s JOGMEC and trading house Toyota Tsusho, positioning it as a strategic non-Chinese supply source. The PFS outlined combined measured and indicated resources of about 58.5 million tonnes at 0.16% TREO, an after-tax net present value of roughly US$275 million to US$748 million, and annual output targets including dysprosium, terbium and yttrium oxides over a 13-year mine life.
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REEx Intelligence
Recent Articles
JOGMEC and Toyota Tsusho invest C$47.7M in Namibia's Lofdal project to secure dysprosium and terbium outside China, but a commercial mine remains years away.
Japan secures heavy rare earth supply chain through JOGMEC-Toyota Tsusho partnership in Namibia's Lofdal project for dysprosium and terbium.
Kendrick Resources takes majority stake in Namibia rare earth licenses near Lüderitz—geology is promising, but proof depends on drill results.
Weekly rare earth stock performance: MP Materials gains 7%, USAR surges 25% on supply deal, sector up 83% YTD despite 3% pullback.
Aldoro Resources explores Namibia's Omuronga Project for heavy rare earth elements, targeting potential critical mineral opportunities in African frontier geol…
Africa emerges as a critical rare earth minerals hub, with eight major projects set to supply 9-10% of global demand by 2029, challenging China's dominance.
Namibia Critical Metals receives environmental clearance for Mining License 200, advancing the Lofdal Heavy Rare Earth Project with strategic partnerships.
