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Construction Update on SRC Rare Earth Processing Facility in Canada

src rare earth canada

Construction update on SRC rare earth processing facility in Canada.

Construction of the first stage of the Saskatchewan Research Council’s (SRC) Rare Earth Processing Facility, which includes a Monazite Processing Unit (MPU) and a Solvent Extraction Unit (SXU), is underway.

A private sector landlord is handling the construction of the building in Saskatoon, Saskatchewan, Canada, which will be leased to SRC. SRC is continuing to make progress with the Facility’s design and the procurement of the highly specialized plant equipment.

The MPU is expected to be operational ahead of schedule, in early 2023. The fully-integrated Facility is expected to be operational by mid-2024.

Construction Update on SRC Rare Earth Processing Facility in Canada

SRC SECURES MONAZITE CONCENTRATE FROM BRAZIL

In July 2021, SRC procured up to 800 tonnes of monazite concentrate from Indústrias Nucleares do Brasil (INB), S.A., in Brazil from their mine and processing facility. The monazite concentrate will arrive at SRC in the spring of 2022 and will be used as a feedstock for the MPU, once operational.

SRC continues to source additional preconcentrated monazite globally prior to the MPU commissioning. SRC’s Facility will require 3,000 tonnes per year of monazite concentrate on a 90 per cent basis (equivalent to 60 per cent Total Rare Earth Oxide). However, SRC would like to secure a stockpile of feed in advance of commissioning.

READ the latest Batteries News shaping the battery market

CONSTRUCTION UPDATE ON SRC’S RARE EARTH PROCESSING FACILITY, August 26, 2021

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