Northern Minerals Ltd 2023 Annual Report with Sustainability Disclosures
Company: Northern Minerals Ltd
Sector: Mining & quarrying
Country: Australia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 115
The report highlights the October 2022 strategic partnership with Iluka Resources, including an initial 30.5kt supply agreement for rare earth oxide concentrate. It reports a 47% increase in the Wolverine deposit resource to 61,492 tonnes of TREO and a Browns Range total resource of 81,450,000 kg as at 30 June 2023. Environmental priorities include risk-based management, supplementary studies and monitoring, and a proposed hybrid renewable power system. The company also received $5.9m under the Critical Minerals Development Program to support work accelerating the Browns Range Project.
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