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Victory Metals Limited (ASX:VTM)

ALERT: Price-sensitive ASX Announcement for VTM
Current share price for VTM : $1.535 0.225 (17.18%)+
Announcement
Release
21 Oct 2025 9:36AM
Price at Release
$1.310
Full Release
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Summary
Victory Metals Limited has reported significant grade increases in critical rare earth elements such as Terbium, Dysprosium, and Scandium at its North Stanmore project in Western Australia. The company achieved these improvements through a simple size fractionation process, which enhances the concentration of valuable minerals while potentially reducing operational costs. The Mineral Resource Estimate for North Stanmore has been updated, showing an increase in total mineral resource tonnage and a small decrease in grade. The project's significance is heightened amid China's export restrictions on these critical minerals, emphasizing the strategic importance of developing non-Chinese supply sources.
Key Points
  • Significant grade increases in Terbium, Dysprosium, and Scandium.
  • Simple size fractionation process used for mineral concentration.
  • Potential reduction in operational costs with upgraded mineral concentration.
  • Updated Mineral Resource Estimate for North Stanmore project.
  • Increases in total mineral resource tonnage.
  • Strategic importance due to China's export restrictions on critical minerals.
  • North Stanmore positioned as Australia's largest indicated clay heavy rare earth resource.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.