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Northern Minerals approves A$56m pilot plant

The board of ASX-listed Northern Minerals has approved a A$56-million three-year pilot plant at its Browns Range heavy rare earths project, in Western Australia.

The pilot plant project, which will be funded from a combination of equity, debt, offtake pre-payments and deferred payments, will be used to assess the economic feasibility of a full-scale project and will form part of the ongoing feasibility study at the Browns Range project.