Original article by Peter Ker, Mark Wembridge
The Australian Financial Review – Page: 19 : 17-Sep-25

Northern Minerals has released the definitive feasibility study for its Browns Range rare earths project in Western Australia. It estimates that the project will cost about $592 million and have a mine life of 11 years. Browns Range will produce rare earths such as dysprosium, terbium, neodymium and praseodymium. The latter two are currently fetching about $US70 per kilogram, but Northern Minerals says it hopes to receive about $US107/kg for the rare earths it produces at Browns Range; it adds that prices could potentially rise to around $US138/kg if the world moves to aggressively decouple from Chinese supply chains.

CORPORATES
NORTHERN MINERALS LIMITED – ASX NTU