Mont Royal Resources（MRZ）株式概要モン・ロイヤル・リソーシズ社は、カナダで鉱物資源の開発と探鉱を行っている。 詳細MRZ ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6リスク分析過去5年間で収益は年間56.8%減少しました。 収益が 100 万ドル未満 ( A$37K )意味のある時価総額がありません ( A$42M )キャッシュランウェイが1年未満である すべてのリスクチェックを見るMRZ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.214.2k% 割高 内在価値ディスカウントEst. Revenue$PastFuture-33m2m2016201920222025202620282031Revenue AU$403.3kEarnings AU$52.9kAdvancedSet Fair ValueView all narrativesMont Royal Resources Limited 競合他社Haranga ResourcesSymbol: ASX:HARMarket cap: AU$57.9mEvion GroupSymbol: ASX:EVGMarket cap: AU$29.4mEverest MetalsSymbol: ASX:EMCMarket cap: AU$28.3mVital MetalsSymbol: ASX:VMLMarket cap: AU$32.2m価格と性能株価の高値、安値、推移の概要Mont Royal Resources過去の株価現在の株価AU$0.2152週高値AU$0.4052週安値AU$0.15ベータ01ヶ月の変化16.67%3ヶ月変化-4.55%1年変化n/a3年間の変化n/a5年間の変化n/aIPOからの変化-26.32%最新ニュースBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Chairman Ian Graham is the most experienced director on the board, commencing their role in 2009. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Nov 14Mont Royal Outlines Multi-Pronged Work Program Following Successful ASX Re-listingMont Royal shares re-commenced trading on 5th November following the Company's transformational merger with TSXV-listed Commerce Resources. Mont Royal is focused on advancing the 100%-owned Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada. Ashram is one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements ("REE") deposits in North America, with a Tier-1 NI 43-101 Mineral Resource comprising: Indicated: 73.2Mt @ 1.89% Total Rare Earth Oxide (TREO) & 6.6% Fluorspar (CaF2). Inferred: 131.1Mt @ 1.91% TREO & 4.0% CaF2. Ashram is an advanced, large-scale asset with significant development work already completed and over AUD 50 million invested historically. The merger with Commerce Resources has created a dual-listed, Canadian-focused critical minerals developer focused on unlocking the significant value of the Ashram Project. The Ashram Project is one of the largest undeveloped monazite-hosted rare earth deposits in North America, offering a unique opportunity to advance a new, large-scale source of critical rare earth supply at a time of growing Western demand and strategic focus on supply chain independence. Near-term Objectives and Key Value Drivers for CY 2025/2026. Road Access and engagement with Provincial and Federal Government: Mont Royal continues to work closely with Provincial and Federal Government Governments and their agencies to secure infrastructure support for an access road commitment for the Ashram Project. A recently completed road option study by Mont Royal has identified three potential access routes. This document is now complete and will shortly be tabled to form the basis of ongoing discussions with local indigenous groups and communities along with Provincial and Federal Government groups and agencies. When an optimal route is selected, additional and ongoing design work will be supported by a recent $2.6 million road research grant from Natural Resources Canada. Collaboration with Key Stakeholder/First Nations groups in the Nunavik region. Metallurgical Test work: Metallurgical test work and optimisation programs are scheduled to re-commence shortly. A significant amount of work on the flowsheet has already been completed in recent years achieving good recoveries for both the monazite concentrate generated via flotation and the Mixed Rare Earth Oxide (MREO) product generated at the following hydrometallurgical (sulphation bake) stage. This new work program intends to leverage off the previous work and continue to optimise flowsheets in preparation for the upcoming Pre-Feasibility programme, scheduled to start in second half 2026. Flotation Concentrate: A one-tonne bulk sample has been flown to Perth, Western Australia for additional flotation test work at Auralia labs. The test work is expected to yield around 30kg of monazite and fluorspar flotation concentrates and builds on the excellent work completed to date at SGS Lakefield. The additional work will look to: Build on and potentially improve the current flotation kinetics for REE flotation in the concentrate flowsheet; and Further develop the current Fluorspar flowsheet with the initial aim of producing a metallurgical-grade fluorspar concentrate (+60% CaF2) for potential incorporation into the initial Stage 1 development flowsheet. Hydrometallurgical (Sulphation bake) A small sample of existing flotation concentrate will be sent to ANSTO labs in Sydney, New South Wales for hydrometallurgical sighter test work. In addition to improving standard flowsheet results, work will also commence with emerging and alternative downstream processing technology groups. If successful, these alternative processing technologies could potentially replace the existing hydrometallurgical flowsheet. A small portion of flotation concentrate will be set aside for two separate technology groups for test work programs with results due in the first half of 2026.最新情報をもっと見るRecent updatesBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Chairman Ian Graham is the most experienced director on the board, commencing their role in 2009. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Nov 14Mont Royal Outlines Multi-Pronged Work Program Following Successful ASX Re-listingMont Royal shares re-commenced trading on 5th November following the Company's transformational merger with TSXV-listed Commerce Resources. Mont Royal is focused on advancing the 100%-owned Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada. Ashram is one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements ("REE") deposits in North America, with a Tier-1 NI 43-101 Mineral Resource comprising: Indicated: 73.2Mt @ 1.89% Total Rare Earth Oxide (TREO) & 6.6% Fluorspar (CaF2). Inferred: 131.1Mt @ 1.91% TREO & 4.0% CaF2. Ashram is an advanced, large-scale asset with significant development work already completed and over AUD 50 million invested historically. The merger with Commerce Resources has created a dual-listed, Canadian-focused critical minerals developer focused on unlocking the significant value of the Ashram Project. The Ashram Project is one of the largest undeveloped monazite-hosted rare earth deposits in North America, offering a unique opportunity to advance a new, large-scale source of critical rare earth supply at a time of growing Western demand and strategic focus on supply chain independence. Near-term Objectives and Key Value Drivers for CY 2025/2026. Road Access and engagement with Provincial and Federal Government: Mont Royal continues to work closely with Provincial and Federal Government Governments and their agencies to secure infrastructure support for an access road commitment for the Ashram Project. A recently completed road option study by Mont Royal has identified three potential access routes. This document is now complete and will shortly be tabled to form the basis of ongoing discussions with local indigenous groups and communities along with Provincial and Federal Government groups and agencies. When an optimal route is selected, additional and ongoing design work will be supported by a recent $2.6 million road research grant from Natural Resources Canada. Collaboration with Key Stakeholder/First Nations groups in the Nunavik region. Metallurgical Test work: Metallurgical test work and optimisation programs are scheduled to re-commence shortly. A significant amount of work on the flowsheet has already been completed in recent years achieving good recoveries for both the monazite concentrate generated via flotation and the Mixed Rare Earth Oxide (MREO) product generated at the following hydrometallurgical (sulphation bake) stage. This new work program intends to leverage off the previous work and continue to optimise flowsheets in preparation for the upcoming Pre-Feasibility programme, scheduled to start in second half 2026. Flotation Concentrate: A one-tonne bulk sample has been flown to Perth, Western Australia for additional flotation test work at Auralia labs. The test work is expected to yield around 30kg of monazite and fluorspar flotation concentrates and builds on the excellent work completed to date at SGS Lakefield. The additional work will look to: Build on and potentially improve the current flotation kinetics for REE flotation in the concentrate flowsheet; and Further develop the current Fluorspar flowsheet with the initial aim of producing a metallurgical-grade fluorspar concentrate (+60% CaF2) for potential incorporation into the initial Stage 1 development flowsheet. Hydrometallurgical (Sulphation bake) A small sample of existing flotation concentrate will be sent to ANSTO labs in Sydney, New South Wales for hydrometallurgical sighter test work. In addition to improving standard flowsheet results, work will also commence with emerging and alternative downstream processing technology groups. If successful, these alternative processing technologies could potentially replace the existing hydrometallurgical flowsheet. A small portion of flotation concentrate will be set aside for two separate technology groups for test work programs with results due in the first half of 2026.株主還元MRZAU Metals and MiningAU 市場7D0%1.5%-0.3%1Yn/a55.2%1.8%株主還元を見る業界別リターン: MRZがAustralian Metals and Mining業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: MRZ Australian市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is MRZ's price volatile compared to industry and market?MRZ volatilityMRZ Average Weekly Movement12.0%Metals and Mining Industry Average Movement12.2%Market Average Movement10.2%10% most volatile stocks in AU Market17.3%10% least volatile stocks in AU Market4.2%安定した株価: MRZ 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: MRZの 週次ボラティリティ ( 12% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/an/aNick Holthousewww.montroyalres.comモン・ロイヤル・リソーシズ社は、カナダで鉱物資源の開発と探鉱を行っている。カナダ・ケベック州のアシュラム希土類・蛍石鉱床の100％権益と、アッパー・イーストメイン・グリーンストーン・ベルトに位置する面積536km2のノーザン・ライツ・プロジェクトの75％権益を所有。モン・ロイヤル・リソーシズ社はオーストラリア・シドニーに本社を置く。もっと見るMont Royal Resources Limited 基礎のまとめMont Royal Resources の収益と売上を時価総額と比較するとどうか。MRZ 基礎統計学時価総額AU$42.35m収益（TTM）-AU$6.78m売上高(TTM)AU$36.70k1,154xP/Sレシオ-6.2xPER（株価収益率MRZ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計MRZ 損益計算書（TTM）収益AU$36.70k売上原価AU$0売上総利益AU$36.70kその他の費用AU$6.82m収益-AU$6.78m直近の収益報告Jan 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.035グロス・マージン100.00%純利益率-18,478.29%有利子負債／自己資本比率0%MRZ の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/29 21:30終値2026/05/29 00:00収益2026/01/31年間収益2025/10/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mont Royal Resources Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Siddharth RajeevFundamental Research Corp.
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Chairman Ian Graham is the most experienced director on the board, commencing their role in 2009. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Nov 14Mont Royal Outlines Multi-Pronged Work Program Following Successful ASX Re-listingMont Royal shares re-commenced trading on 5th November following the Company's transformational merger with TSXV-listed Commerce Resources. Mont Royal is focused on advancing the 100%-owned Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada. Ashram is one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements ("REE") deposits in North America, with a Tier-1 NI 43-101 Mineral Resource comprising: Indicated: 73.2Mt @ 1.89% Total Rare Earth Oxide (TREO) & 6.6% Fluorspar (CaF2). Inferred: 131.1Mt @ 1.91% TREO & 4.0% CaF2. Ashram is an advanced, large-scale asset with significant development work already completed and over AUD 50 million invested historically. The merger with Commerce Resources has created a dual-listed, Canadian-focused critical minerals developer focused on unlocking the significant value of the Ashram Project. The Ashram Project is one of the largest undeveloped monazite-hosted rare earth deposits in North America, offering a unique opportunity to advance a new, large-scale source of critical rare earth supply at a time of growing Western demand and strategic focus on supply chain independence. Near-term Objectives and Key Value Drivers for CY 2025/2026. Road Access and engagement with Provincial and Federal Government: Mont Royal continues to work closely with Provincial and Federal Government Governments and their agencies to secure infrastructure support for an access road commitment for the Ashram Project. A recently completed road option study by Mont Royal has identified three potential access routes. This document is now complete and will shortly be tabled to form the basis of ongoing discussions with local indigenous groups and communities along with Provincial and Federal Government groups and agencies. When an optimal route is selected, additional and ongoing design work will be supported by a recent $2.6 million road research grant from Natural Resources Canada. Collaboration with Key Stakeholder/First Nations groups in the Nunavik region. Metallurgical Test work: Metallurgical test work and optimisation programs are scheduled to re-commence shortly. A significant amount of work on the flowsheet has already been completed in recent years achieving good recoveries for both the monazite concentrate generated via flotation and the Mixed Rare Earth Oxide (MREO) product generated at the following hydrometallurgical (sulphation bake) stage. This new work program intends to leverage off the previous work and continue to optimise flowsheets in preparation for the upcoming Pre-Feasibility programme, scheduled to start in second half 2026. Flotation Concentrate: A one-tonne bulk sample has been flown to Perth, Western Australia for additional flotation test work at Auralia labs. The test work is expected to yield around 30kg of monazite and fluorspar flotation concentrates and builds on the excellent work completed to date at SGS Lakefield. The additional work will look to: Build on and potentially improve the current flotation kinetics for REE flotation in the concentrate flowsheet; and Further develop the current Fluorspar flowsheet with the initial aim of producing a metallurgical-grade fluorspar concentrate (+60% CaF2) for potential incorporation into the initial Stage 1 development flowsheet. Hydrometallurgical (Sulphation bake) A small sample of existing flotation concentrate will be sent to ANSTO labs in Sydney, New South Wales for hydrometallurgical sighter test work. In addition to improving standard flowsheet results, work will also commence with emerging and alternative downstream processing technology groups. If successful, these alternative processing technologies could potentially replace the existing hydrometallurgical flowsheet. A small portion of flotation concentrate will be set aside for two separate technology groups for test work programs with results due in the first half of 2026.
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • May 01Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Director Jeremy Robinson is the most experienced director on the board, commencing their role in 2023. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Dec 24Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 1 independent director (4 non-independent directors). Chairman Ian Graham is the most experienced director on the board, commencing their role in 2009. Independent Director Adam Ritchie was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Nov 14Mont Royal Outlines Multi-Pronged Work Program Following Successful ASX Re-listingMont Royal shares re-commenced trading on 5th November following the Company's transformational merger with TSXV-listed Commerce Resources. Mont Royal is focused on advancing the 100%-owned Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada. Ashram is one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements ("REE") deposits in North America, with a Tier-1 NI 43-101 Mineral Resource comprising: Indicated: 73.2Mt @ 1.89% Total Rare Earth Oxide (TREO) & 6.6% Fluorspar (CaF2). Inferred: 131.1Mt @ 1.91% TREO & 4.0% CaF2. Ashram is an advanced, large-scale asset with significant development work already completed and over AUD 50 million invested historically. The merger with Commerce Resources has created a dual-listed, Canadian-focused critical minerals developer focused on unlocking the significant value of the Ashram Project. The Ashram Project is one of the largest undeveloped monazite-hosted rare earth deposits in North America, offering a unique opportunity to advance a new, large-scale source of critical rare earth supply at a time of growing Western demand and strategic focus on supply chain independence. Near-term Objectives and Key Value Drivers for CY 2025/2026. Road Access and engagement with Provincial and Federal Government: Mont Royal continues to work closely with Provincial and Federal Government Governments and their agencies to secure infrastructure support for an access road commitment for the Ashram Project. A recently completed road option study by Mont Royal has identified three potential access routes. This document is now complete and will shortly be tabled to form the basis of ongoing discussions with local indigenous groups and communities along with Provincial and Federal Government groups and agencies. When an optimal route is selected, additional and ongoing design work will be supported by a recent $2.6 million road research grant from Natural Resources Canada. Collaboration with Key Stakeholder/First Nations groups in the Nunavik region. Metallurgical Test work: Metallurgical test work and optimisation programs are scheduled to re-commence shortly. A significant amount of work on the flowsheet has already been completed in recent years achieving good recoveries for both the monazite concentrate generated via flotation and the Mixed Rare Earth Oxide (MREO) product generated at the following hydrometallurgical (sulphation bake) stage. This new work program intends to leverage off the previous work and continue to optimise flowsheets in preparation for the upcoming Pre-Feasibility programme, scheduled to start in second half 2026. Flotation Concentrate: A one-tonne bulk sample has been flown to Perth, Western Australia for additional flotation test work at Auralia labs. The test work is expected to yield around 30kg of monazite and fluorspar flotation concentrates and builds on the excellent work completed to date at SGS Lakefield. The additional work will look to: Build on and potentially improve the current flotation kinetics for REE flotation in the concentrate flowsheet; and Further develop the current Fluorspar flowsheet with the initial aim of producing a metallurgical-grade fluorspar concentrate (+60% CaF2) for potential incorporation into the initial Stage 1 development flowsheet. Hydrometallurgical (Sulphation bake) A small sample of existing flotation concentrate will be sent to ANSTO labs in Sydney, New South Wales for hydrometallurgical sighter test work. In addition to improving standard flowsheet results, work will also commence with emerging and alternative downstream processing technology groups. If successful, these alternative processing technologies could potentially replace the existing hydrometallurgical flowsheet. A small portion of flotation concentrate will be set aside for two separate technology groups for test work programs with results due in the first half of 2026.
