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Ampasindava Rare Earths Project

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Harena Rare Earths PLC

Harena Rare Earths Plc has acquired 100% of and is developing the Ampasindava Ionic Clay rare earths deposit in Madagascar. The Ampasindava project is advanced and contains a defined mineral resource of 699 million tonnes at 868 ppm Total Rare Earth Oxides (TREO) containing 606 kt of TREO.

The Ampasindava Project has a JORC compliant Resource report published. Some 5 stages of metallurgical testwork have been completed and a relatively simple, environmentally responsible heap leach process has resulted in highly acceptable mineral product yields into the leachate material.

The Project will now move to a Proof of Concept phase at the site while further design related study work will continue in order to finalise potential project economic and technical viability.

Harena Rare Earths Plc is a London Stock Exchange Listed natural resources company that is strategically positioned to supply critical rare earth magnet metals, neodymium, praseodymium (NdPr) and dysprosium, terbium (DyTb) into supply chains supporting for renewable energy production and Defense Industry manufacturing.

At Harena we are focused on advancing the 100% owned Ampasindava Rare Earths Ionic Clay Project in Madagascar. Ampasindava is one of the most significant Ionic Clay Rare Earths deposits in the world outside of China and Harena is moving quickly to develop this resource.

The Ampasindava Project represents a new generation of very low impact, fully rehabilitated extractive projects that will leave a minimal environmental footprint during operations and zero residual impact, whilst producing significant quantities of vital ‘green’ minerals for the renewable energy sector.

The project mineralisation is hosted very close to surface (a few metres) and the nett volume removed for processing is marginal. The planned extractive methodology does not incorporate in-situ leaching and additionally the ores do not contain radioactive material.

Residual extracted material will be washed and returned to the extractive area, to be subsequently covered with previously stockpiled topsoil. Seed farms are maintained for re-vegetation purposes.
Harena believes in the development mantra of “Local First, National Second and International Third” in prioritising the investment into Ampasindava. This approach creates wealth for all stakeholders.