ASX: VTM
The Future of Australian Rare Earths
Australia’s largest and most advanced heavy rare earth clay project, the North Stanmore Heavy Rare Earth Project at Cue, Western Australia. The project hosts a JORC compliant resource of 321 million tonnes, supporting a mine life of more than 60+ years. With Heavy Rare Earth to Total Rare Earth ratios (HREO/TREO) averaging 39% and reaching up to 83%. North Stanmore represents one of the most heavy rare earth enriched clay deposits globally.
Victory Metals
North Stanmore Project
Victory has proven its ability to produce all seven rare earth elements currently under Chinese export restrictions Dysprosium, Terbium, Yttrium, Scandium, Samarium, Gadolinium and Lutetium, making it one of the few Western aligned sources of these defense critical materials.
321 Mt JORC Resource
~ 10% of the defined exploration target. Indicated and inferred REE resource with mineralisation remaining open in all directions. Largest indicated resource of all Australian heavy REE-dominant deposits.
39% HREO/TREO & up to 83%
Australia’s largest most enriched and advanced heavy rare earth oxide (HREO) clay deposit with a 60+ mine life.
HREE + Sc & Hf
Critical mineral mix attractive for off-take and downstream parties seeking to secure supply of primarily HREE (vs LREE), includes highly valuable defence metal Scandium & Hafnium.