Namibia Critical Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Darrin Campbell
- Full Time Employees
- 4
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- Sun Tower Halifax NS Canada B4A 1E6
- IPO Date
- Aug 3, 2012
- CIK
- 0001519457
- Website
- namibiacriticalmetals.com
- Similar Companies
- Business
- Namibia Critical Metals Inc., along with its subsidiaries, actively explores and develops properties holding critical metals throughout Namibia. The company's principal focus is its Lofdal Heavy Rare Earth Project, globally recognized for its significant deposits of the high-value heavy rare earth elements, dysprosium and terbium. These critical elements are essential for advanced technologies like electric vehicles and wind turbines. Beyond Lofdal, the company maintains a diverse portfolio, targeting a variety of other key metals including gold, cobalt, copper, lead, zinc, nickel, vanadium, tantalum, lithium, and niobium. The Lofdal Project is fully permitted with a 25-year Mining License and operates under a strategic Joint Venture Agreement with the Japan Organization for Metals and Energy Security (JOGMEC). JOGMEC is actively funding the project's exploration and development, aiming to earn a significant interest, which also provides Namibia Critical Metals with a carried interest, reducing shareholder dilution. With an updated Environmental Clearance Certificate in place, the company is progressing toward completing a Pre-Feasibility Study for the expanded Lofdal 2B-4 project. Additionally, Namibia Critical Metals has entered into an agreement for the potential sale of thorium, a byproduct of the Lofdal operations, creating a new revenue opportunity. Originally established in 2010 as Namibia Rare Earths Inc., the company adopted its current name in May 2018 and is headquartered in Halifax, Canada.
Company News
Namibia Critical Metals Provides Update on Lofdal Joint Venture Transaction
Namibia Critical Metals advances Lofdal project as Japan completes C$23M earn-in
Namibia Critical Metals advances Lofdal project as Japan completes C$23M earn-in
Namibia Critical Metals Announces Completion of Japan's C$23 Million Earn-In and Formation of Strategic Joint Venture Company for the Lofdal Heavy Rare Earth Project
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Namibia Critical Metals advances Lofdal rare earth project into next development phase
Namibia Critical Metals advances Lofdal rare earth project into next development phase
Namibia Critical Metals Launches Next Phase of Lofdal Definitive Feasibility Study Including Further Value Addition in Namibia
Namibia Critical Metals launches drill program at Lofdal rare earths project
Namibia Critical Metals Commences Exploration and Infill Drilling Programs and Welcomes Toyota-Tsusho Partners to Lofdal Site
Namibia Critical Metals Commences Exploration and Infill Drilling Programs and Welcomes Toyota-Tsusho Partners to Lofdal Site
Namibia Critical Metals launches drill program at Lofdal rare earths project
Namibia Critical Metals Announces Results of Annual General Meeting of Shareholders and Issuance of Options
Namibia Critical Metals hires veteran rare earths specialist for Lofdal development
Namibia Critical Metals Appoints Vice President, Metallurgy to Advance Lofdal Heavy Rare Earths Project Development
Namibia Critical Metals amends Lofdal JV with JOGMEC, adds funding for feasibility study
US and allies push rare earths, lithium supply chains but structural hurdles remain
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Namibia Critical Metals Welcomes Toyota Tsusho as Strategic Partner in the Lofdal Heavy Rare Earths Project
Namibia Critical Metals taps Toyota Tsusho to join Lofdal rare earths venture