Namibia Critical Metals Inc. (TSXV:NMI OTC:NMREF) is a Canadian public company which is developing the Tier-1 Heavy Rare Earth Project, Lofdal. Lofdal is a globally significant deposit of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals used in permanent magnets for electric vehicles, wind turbines and other electronics is driven by innovations linked to energy and technology transformations. The geopolitical risks associated with sourcing many of these metals has become a repeated concern for manufacturers and end users. Namibia is a proven and stable mining jurisdiction.
The Lofdal Project is fully permitted with a 25-year Mining License and is under a Joint Venture Agreement with Japan Organization for Metals and Energy Security (JOGMEC).
In addition to the Lofdal Heavy Rare Earths Project, which offers a sustainable supply of dysprosium and terbium, the Company is now a major player in an emerging gold district in Namibia.
At a Glance
|Listing:||TSX Venture Exchange (“NMI”) OTCQB (“NMREF”)|
|Head Office:||Halifax, Nova Scotia|
|Corporate Head Office:||Suite 802, Sun Tower
1550 Bedford Highway
Halifax, NS B4A 1E6
|Namibian Office:||Namibia Rare Earths (Pty) Limited
8 Sinclair Street
|Legal Counsel:||McInnes Cooper|
|Transfer Agent:||Computershare Trust Company and Endeavor Trust Corporation|