Nechalacho Rare Earth Mining Project Starts Production in Canada
CBC News reported that production has started at Canada's first rare earth mining project, located about 100 kilometres southeast of Yellowknife. Vital Metals Nechalacho rare earth elements mine says blasting and mining activities have ramped up, and that the first ore was mined on June 29. Cheetah Resources operates the project, and owns the resources near the surface of the rare earth deposit. It's a subsidiary of Australian company Vital Metals.
The mine is now in the midst of a smaller-scale three-year demonstration project. Phase two of the project will involve mining a much larger deposit.
Nechalacho is Canada's only rare earth elements mining project, aiming to produce end-products that will ultimately be used in technology manufacturing. According to Natural Resources Canada, the most important use for rare earth elements is making magnets that can be used in cell phones, computers, wind turbines and electric vehicles.
Det'on Cho Nahanni Construction, partially owned by the Yellowknives Dene First Nation, signed the agreement early last year.