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Vital Metals explores and develops rare earth, technology metal, and gold projects.
Founded in 2004 and based in Sydney, Australia, Vital Metals explores and develops projects in Canada, Africa, and Germany. It holds interests in the Wigu Hill project in Tanzania and a 100% interest in the Nechalacho project in Yellowknife, Northwest Territories. The company produces rare earth oxides used in applications including battery alloys, catalysts, ceramics, and permanent magnets. In July 2022, Lionhead Capital Resources acquired Vital Metals for AUD 30 million; in August 2022, the company raised AUD 45 million through a private placement.
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