The work will be carried out in parallel with test work currently underway in the U.S. under a plan to supply U.S. military and other advanced technology users.
Nimy Resources (ASX: NIM) is pleased to advise that a Scoping Study is now underway on its Mons Gallium Project in WA.
Summary
- The study will assess mining, processing and metallurgical aspects of the Mons Gallium-Rare Earths Project Block 3 JORC Inferred Resource.
- The study will also assess capital and process operating costs, product marketing and pricing, financial modelling and provide a preliminary view of the project’s economic outlook.
- Nimy has commissioned Perth-based consultants Strategic Metallurgy to conduct the study, which is expected to be completed in the 2nd quarter of 2026.
- Strategic Metallurgy is currently undertaking metallurgical test work on Block 3 material, with the results to feed into the Scoping Study.
- The test work will assess the processing routes for production of commercial-grade gallium concentrate and provide important data concerning flowsheet selection, metallurgical recoveries, and preliminary project economics.
- The test work will be done in parallel with tests now being done in the U.S. as part of Nimy’s plan to supply U.S. military and other advanced technology users.
- The U.S. tests are being done under Nimy’s collaboration agreement with US listed company M2i Global.
- M2i Global is a USA based company specialising in the development and execution of a complete global value supply chain for critical minerals.
Managing Director, Luke Hampson, commented:
The work underway at Strategic Metallurgy in producing a commercial grade gallium concentrate will flow into the Scoping Study and is another key milestone on the path to becoming an important gallium supplier to the U.S. Strategic Metallurgy are a leading metallurgical consulting group based in Perth and we are very pleased to have such a very capable and high-quality partner carrying out this very important work. We now have several work streams occurring in parallel, with metallurgical tests being done in Perth and the U.S. The results of these tests will provide vital information about the optimum processing routes in order to process the concentrate into high purity gallium so sought after in the U.S.”
Strategic Metallurgy Chairman Gary Johnson said:
We are delighted to be selected by Nimy to apply our critical minerals expertise in what we believe to be an exciting and unique gallium and associated Total Rare Earths (TREOs) resource project. “We believe Block 3 has the potential to be a world-class development opportunity and we look forward to progressing the metallurgical test work to support the next steps in the Company’s development journey.”
This announcement has been approved for release by the Board of Nimy Resources.
