Namibia Critical Metals Inc. is pleased to announce that it has agreed with its joint venture partner, Japan Organization for Metals and Energy Security , to amend the earn-in agreement for the Company's Lofdal Heavy Rare Earths Project in northwestern Namibia . Pursuant to the amendment, JOGMEC will increase the Project earn-in expenditure commitment by C$3 million to support completion of a Definitive Feasibility Study [...]
Namibia Critical Metals Inc. is pleased to announce that Toyota Tsusho Corporation has been selected as the successful bidder in the public tender process conducted by Japan Organization for Metals and Energy Security and will join the Lofdal Heavy Rare Earths Project as part of JOGMEC's ownership interest. Toyota Tsusho is the global trading and industrial supply chain arm of the Toyota Group and one of Japan's largest [...]
Namibia Critical Metals Inc. is pleased to announce the filing of the independent NI 43-101 Pre-Feasibility Study for the Lofdal Heavy Rare Earths Project "2B-4" in Namibia. The Lofdal deposit has the potential for significant production of dysprosium , terbium and yttrium which are the main economic drivers for the Lofdal project. The Project is being developed in joint venture with Japan Organization for Metals and [...]
Namibia Critical Metals Inc. today announced that, it has received proceeds of Cdn. $1,154,762 as a result of the full exercise of two separate tranches of previously issued common share purchase warrants totaling 14,761,904. Each whole warrant entitled the holder to receive one common share of the Company. The Company intends to use the proceeds of the warrant exercises for general working capital purposes. The first [...]
Namibia Critical Metals Inc. is pleased to announce the results of its Pre-Feasibility Study for the Lofdal Heavy Rare Earths Project "Lofdal 2B-4" in Namibia. The Lofdal deposit has the potential for significant production of dysprosium , terbium and yttrium which are the main economic drivers for the Lofdal project. The PFS presents a Base Case - representing a conservative but realistic post-normalization scenario [...]
Namibia Critical Metals Inc. is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. "We are pleased to announce that we have selected Renmark to reinforce Namibia Critical Metals Inc.'s profile in the financial community and enhance the visibility of our company. We chose Renmark because its standards and methodologies fit best with [...]
Namibia Critical Metals Inc. announced today, pursuant to the requirements of the TSX Venture Exchange, that its board of directors approved the granting of incentive stock options under its stock option plan as part of the overall remuneration and incentive program for its employees, consultants, officers and directors. A total of 4,350,000 Options were granted. All the Options are exercisable for a period of five years [...]
Namibia Critical Metals Inc. is pleased to announce today that the Company has retained the services of Proactive Investors to assist in investor communications and public market outreach. Proactive's investor relations reach spans key finance and investing hubs throughout the world, with bureaus and studios in London, New York, Toronto, Vancouver, Sydney, and Perth. Their team brings a deep and broad expertise in digital [...]
Namibia Critical Metals Inc. announces the results of the Company's Annual General Meeting of Shareholders held on May 15, 2025 . Shareholders holding 62.22% of the shares were represented in person or by proxy at the Meeting. All the matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular dated April 9, 2025, were voted in favour, including: Election of Directors to the Board [...]
Namibia Critical Metals is pleased to comment on the recent announcement by its JV partner, JOGMEC and Iwatani Corporation to invest in rare earth separation project Caremag. JOGMEC and Iwatani Corporation are investing up to 110 million euros into the heavy rare earth separation plant Caremag SAS owned by Carester of France. See JOGMEC Press Release dated March 17, 2025. JOGMEC continues to be at the forefront of [...]
Namibia Critical Metals is pleased to announce that its joint venture partner, JOGMEC, has approved an additional $1,154,000 CDN budget for JOGMEC's fiscal year ended March 31, 2025, which is additional to the $550,000 increase announced on January 22, 2025. This brings JOGMEC's total expenditure commitments to $16,245,000. These additional proceeds will be used to accelerate work programs planned such as: Bulk sampling [...]
Namibia Critical Metals is pleased to announce key results of the hydrometallurgical scale-up and mini pilot plant test work leading to the production of a high purity rare earth element carbonate product for its "Lofdal 2B-4" heavy rare earth project. Pilot-scale test work at SGS Lakefield resulted in a simplified flow sheet. The removal of crude REE precipitation, re-leach and thorium solvent extraction forms a [...]