Vital Metals Ltd (VTMXF)

[douginil]

VITAL METALS' JUNE 2022 QUARTERLY REPORT

HIGHLIGHTS

Commissioning commences at Vital’s Saskatoon Rare Earths Extraction Plant, with ore fed into the dense media separation (DMS) unit.
- High-grade concentrate of 43.7% TREO and 75.2% TREO recovery (single pass) achieved from the first commissioning trial of DMS unit
TREO concentrate grade (the Sinks) achieved comparable to the laboratory metallurgical testwork grade performed by SGS, 43.7% TREO vs 44.6% TREO
- Vital has an initial production and delivery target of 2.5 tonnes of rare earth carbonate to offtake partner REEtec in October 2022
- Phase 2 will then commence with throughput ramp-up and associated contract deliveries to REEtec.

Read much more at:
https://mailchi.mp/2d909af408cc/june-2022-quarterly-activities-and-cash-flow-report-11817872?e=080567558f