Prospech Limited (ASX:PRS) Announces Progress in Metallurgical Test Work
Metallurgical Test Work Progress
Prospech Limited (ASX:PRS) announced significant progress in metallurgical test work from PT Geoservices Indonesia as part of its ongoing Korsnäs resource development initiatives. The program aims to determine the best processing routes for the Korsnäs Rare Earth Element (REE) resource.
Key Observations
The metallurgical test work revealed that apatite is the dominant REE mineral and is well-liberated. Monazite was observed as inclusions within some apatite grains, indicating favourable liberation characteristics for beneficiation.
Executive Comments
Managing Director Jason Beckton stated, “We are very pleased with the initial progress of our metallurgical test work program, a key step in advancing resource development has been results from PT Geoservices in Indonesia. The liberation results of REEs from the apatite fraction, which is the dominant host at Korsnäs, is particularly pleasing. In parallel with the work being undertaken by PT Geoservices, collaboration with Oulu University, GTK Mintek and GTK ESPO is delivering valuable insights into REE distribution and beneficiation potential.”
Current Status and Future Plans
PT Geoservices continues characterisation and mineral upgrading testing on all samples. Metallurgical test work is also being conducted in Finland with financial assistance from the EU REMHub grant, with results expected in Q3/Q4 2025. To accelerate metallurgical results, Prospech is undertaking bench-scale REE concentrate production, advancing hydrometallurgical extraction, producing a cleaned lanthanide concentrate sample in Australia, and conducting preliminary acid leach and purification testing.
REMHub Consortium Participation
As a member of the REMHub consortium through its subsidiary Bambra Oy, Prospech is collaborating on various workstreams to accelerate the development of critical resource projects, including advanced scanning and mineral processing tests.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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