Lofdal is Unique
lofdal is one of the very few rare earth projects that can offer a sustainable alternative source of heavy rare earths outside of china
The discovery of heavy rare earth mineralization associated with a carbonatite complex in northern Namibia dates back to 2000. The recognition of the heavy rare earth mineral xenotime (pronounced "zen-o-time”), drew the attention of academics and research geologists but Namibia Rare Earths was the first company to systematically explore the 200 km2 carbonatite complex for heavy rare earths.
Following an extensive period of exploration, a significant discovery was made in 2011 at Area 4. By the end of 2014 the Company had completed a Preliminary Economic Assessment ("PEA”) and in 2016 completed an Environmental Impact Assessment ("EIA”). An application for a mining licence has been lodged with the Ministry of Mines and Energy.Rare earth mineralization at Area 4 is dominated by xenotime which is highly enriched in terbium, dysprosium and yttrium – essentially a hard rock source for the same elements that are dominated by the ionic clay deposits in China, who currently dominates global supplies of these elements.