Atlantic Strategic Minerals demonstration plant, US

Name of the Project
Atlantic Strategic Minerals demonstration plant.
Location
US.
Project Owner/s
US critical minerals producer Atlantic Strategic Minerals (ASM).
Project Description
A feasibility study has confirmed a technically viable and rapid pathway to develop mineral sands using a domestic rare earths processing facility. ASM’s proposed demonstration processing facility plans to initially produce up to 1 000 t/y of monazite concentrate from internal by-product streams, creating an immediate domestic source of rare earth-bearing material.
Potential exists to increase production capacity to about 5 000 t/y through targeted plant upgrades and third-party feedstock processing.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not disclosed.
Capital Expenditure
Not stated.
Planned Start/End Date
The demonstration plant could be developed and commissioned within about a year.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None disclosed.
Contact Details for Project Information
ASM, tel +1 804 905 9020.
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