Medallion Resources Product Suitable for Rare-Earth Separation

Medallion Resources Ltd. (TSXV:MDL, OTCQX:MLLOF) announced it has received positive feedback from reputable rare-earth processing companies regarding its mixed rare-earth concentrate product samples.
As quoted in the press release:

As we reported on October 26, 2015 sample product and specification sheets were provided to interested parties under confidentiality agreements.  Based on those responses, it is clear that this concentrate product, once capable of being produced in commercial quantities, is suitable for input into standard commercial rare-earth refineries or separation plants.
Medallion is working to understand the timing and volume demands of rare-earth refiners and partners, and has noted particular interest in neodymium, praseodymium, dysprosium and terbium.  These elements have important use in rare-earth magnets, the driving application in the rare-earth marketplace today.  These “magnetic” elements represent over 85% of the value of the contained rare earths in the Company’s sample concentrate, which was produced during recent bench-scale metallurgical tests.
Medallion is now using its confirmed metallurgical flow-sheet as the basis to investigate alternatives for the set-up and operation of a pilot plant.  The pilot plant will be designed to optimize production from different feedstocks and improve efficiencies, including reagent recycling and by-product production.

Medallion Resources President and CEO, Don Lay, stated:

This is a welcome and expected response as well as validation of our approach.  Rare-earth processing can be technically challenging, so we have taken a straightforward approach to get to production.  Our strategy is to purchase by-product monazite sand.  This will serve as a high-grade feedstock for our planned commercial extraction plant. Monazite is not only a rare-earth mineral with well-understood metallurgy, but this simple approach means no mining, milling or beneficiation activities are required.  As such, we expect to save on upfront capital and reduce operating costs.

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