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Northern Minerals Unveils Browns Range DFS: A Strategic Heavy Rare Earths Breakthrough
10:13am on Monday 15th of September, 2025 AEST
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Mining
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Northern Minerals Unveils Browns Range DFS: A Strategic Heavy Rare Earths Breakthrough
10:13am on Monday 15th of September, 2025 AEST
Key Points
DFS confirms 11-year mine life with A$592M pre-production capital
Project to produce ~17,500 tpa xenotime concentrate rich in critical heavy rare earths
Long-term offtake agreement secured with Iluka Resources for downstream refining
Robust economics with base case pre-tax NPV of A$187M and IRR of 12%
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