Home » Cadence Minerals (KDNC) » Cadence Minerals (KDNC) – Hastings Technology Metals successfully completes Hydromet pilot plant operations for Yangibana project

Cadence Minerals (KDNC) – Hastings Technology Metals successfully completes Hydromet pilot plant operations for Yangibana project

Cadence (AIM/NEX: KDNC; OTC: REMMY) is pleased to report that Hastings Technology Metals Limited, Cadence’s 70% joint venture partner in the Yangibana Neodymium Project in Western Australia, has announced that it has successfully completed the crucial continuous Hydromet pilot plant operations for the Yangibana Rare Earths Project.

The full Hastings release is available at:

https://gallery.mailchimp.com/6cc38f730035ae0a04d99359c/files/0f71c819-ef48-4bdf-a2ce-89a7834ec808/HAS_2017XXXX_Hydrometallurgy_Piloting_2_CT_TH_11_May_2017GR3.pdf .


·      Pilot plant testing of the hydrometallurgy (Hydromet) circuits successfully validated the simple and effective flowsheet of the Yangibana Hydromet processes

·      Three phase piloting undertaken:

Acid bake

Water leach and impurity removal

Carbonate product precipitation

·      All three phases achieved or exceeded laboratory results

·      Key engineering data was collected from the pilot plant operation for the Definitive Feasibility Study (DFS)

·      Effective operational processes parameters identified

·      Over 50 kg of high purity Mixed Rare Earth Carbonate (MREC) produced for marketing purposes 

For further information please contact

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

James Bavister

Square1 Consulting

+44 (0) 207 929 5599

David Bick

Brian Alexander

Qualified Person

Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

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