Harena Resources has acquired 75% of and is developing the Ampasindava Ionic Clay rare earths deposit in Madagascar.
Harena Resources is a private Australian natural resources company that is strategically positioned to supply critical rare earth magnet metals, neodymium, praseodymium (NdPr) and dysprosium, terbium (DyTb) into Western supply chains for renewable energy production.
Harena is focused on advancing the 75% owned Ampasindava Rare Earths Ionic Clay Project in Madagascar. Ampasindava is one of the most significant Ionic Clay Rare Earths deposits in the world outside of China and Harena is moving quickly to develop this resource.
The Ampasindava project is advanced and contains a defined mineral resource of 628 million tonnes at 895 ppm Total Rare Earth Oxides (TREO).
The Ampasindava Project has a NI 43-101 Report published for the resource. Some 5 stages of metallurgical testwork have been completed and a relatively simple, environmentally responsible heap leach process has resulted in highly acceptable mineral product yields into the leachate material.
The Project will now move to a Proof of Concept phase at the site while further design related study work will continue in order to finalise potential project economic and technical viability.
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