Northern Minerals Unveils Browns Range DFS: Can Australia Challenge China’s Rare Earth Dominance?

• 11-year production plan targeting 181,000 tonnes of Total Rare Earth Oxides (TREO)
• Strategic partnership with Iluka Resources to supply HRE-rich concentrate to Eneabba refinery
• Pre-production capital expenditure estimated at A$592 million with operating costs of A$31.25/kg TREO
• Base case post-tax NPV of A$187 million and 10% post-tax IRR, with upside potential