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    Medallion’s Proposed Rare Earth Extraction Facility Can Be Operated Safely and Effectively

    Investing News Network
    Jan. 27, 2012 08:20AM PST
    Rare Earth Investing

    SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, concluded in a report that Medallion Resources Ltd.’s (TSXV: MDL) proposed plant can be operated safely and effectively, while complying with all major national and international mining and environmental safety standards.

    SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, concluded in a report that Medallion Resources Ltd.’s (TSXV: MDL) proposed plant can be operated safely and effectively, while complying with all major national and international mining and environmental safety standards.

    As quoted in the press release:

    Medallion Resources Ltd (TSXV: MDL,OTCQX: MLLOF) announces that it has received from SENES Consultants Limited, an internationally-recognized energy, nuclear and environmental consultancy, a report on the Company’s proposed large-scale monazite rare-earth extraction facility. The report concludes that such a plant can be operated safely and effectively, while complying with all major national and international mining and environmental safety standards.

    “The SENES report provides the positive radiological safety and environmental support that we need to confidently advance our plans for a monazite processing facility, which could achieve near-term rare-earth production,” said Dr. Bill Bird, Chairman & CEO of Medallion. ”For some time, it has been our view that monazite, with a rare-earth content of approximately 60 percent, could again fulfill its dominant role as a source for rare-earth production outside of China.”

    Click here to read the Medallion Resources Ltd. (TSXV:,MDL) press release
    Click here to see the Medallion Resources Ltd. (TSXV:,MDL) profile.

    earth productioninternational miningchina
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