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Leading Edge Materials Announces Positive Preliminary Economic Assessment Results for its Norra Karr REE Project With US$1,026m Pre-tax NPV(10%) And 30.8% Pre-tax IRR


LEMSE) (
OTCQB: LEMIF) is pleased to
announce the results of a Preliminary Economic Assessment study ( PEA or the “Report”) for the development of its 100%-owned Norra Karr REE project located in Sweden (“Norra Karr” or the
“Project”). The PEA was prepared by SRK (UK) Ltd. (“SRK”) and all figures in the PEA are US dollars unless otherwise specified.
As previously announced, the Company commissioned SRK to re-evaluate the Project at PEA level with the objective to improve resource utilization, project sustainability and
substantially minimize environmental footprint of the Project compared to the design in the pre-feasibility study which was released in 2015 ....

United Kingdom , British Columbia , City Of , Jonkopings Lan , Vastra Gotalands Lan , Minas Gerais , Norra Karr , Sweden General , Kingdom Of Sweden , Martin Pittuck Msc , Filip Kozlowski , Rob Bowell , Martin Pittuck , Geological Society Of London , Company Swedish , Supreme Administrative Court , Minchem Ltd , Geological Survey Of Sweden , European Union , Canadian National Instrument , Company Certified Adviser On Nasdaq First , Royal Society Of Chemistry , Asian Metal Ltd , European Commission , Institute Of Mining , Edge Materials Corp ,

Leading Edge Materials Announces Positive Preliminary


LEMSE) (
OTCQB: LEMIF) is pleased to announce the results of a Preliminary Economic Assessment study ( PEA or the “Report”) for the development of its 100%-owned Norra Karr REE project located in Sweden (“Norra Karr” or the “Project”). The PEA was prepared by SRK (UK) Ltd. (“SRK”) and all figures in the PEA are US dollars unless otherwise specified.
As previously announced, the Company commissioned SRK to re-evaluate the Project at PEA level with the objective to improve resource utilization, project sustainability and substantially minimize environmental footprint of the Project compared to the design in the pre-feasibility study which was released in 2015 ....

United Kingdom , British Columbia , City Of , Jonkopings Lan , Vastra Gotalands Lan , Minas Gerais , Norra Karr , Sweden General , Kingdom Of Sweden , Martin Pittuck Msc , Filip Kozlowski , Rob Bowell , Martin Pittuck , Geological Society Of London , Company Swedish , United Kingdom Ltd , Supreme Administrative Court , Minchem Ltd , Geological Survey Of Sweden , European Union , Canadian National Instrument , Company Certified Adviser On Nasdaq First , Royal Society Of Chemistry , Asian Metal Ltd , European Commission , Institute Of Mining ,

LEADING EDGE MATERIALS APPEALS NORRA KARR MINING LEASE


LEMSE) (
OTCQB: LEMIF) announces that it has submitted its full appeal to the Government of Sweden (the “Government”) against the rejection of its mining lease application for the Norra Karr REE project (the “Project”).
th the Mining Inspectorate of Sweden ( Bergsstaten ) rejected the mining lease application Norra Karr K nr1 with the motivation that since the Company had not acquired a Natura 2000 permit for the Project, they were not able to rule on the mining lease application. Bergsstaten in its rejection further relied on the fact that the Government had ruled in a similar matter in December 2020 regarding Boliden’s mining lease application for its Laver project. However, in January 2021 Boliden appealed the Government’s decision to the Supreme Administrative Court of Sweden (the “SAC”) where the outcome is still pending. ....

British Columbia , Norra Karr , Vastra Gotalands Lan , Filip Kozlowski , Edge Materials Corp , Company Swedish , Supreme Administrative Court , Company Certified Adviser On Nasdaq First , European Union , Leading Edge Materials , Nasdaq First North , Mining Inspectorate , Edge Materials , Preliminary Economic Assessment , Tasman Metals , County Administrative Board , Woxna Graphite , Bihor Sud Nickel Cobalt , Nasdaq First North Stockholm , Certified Adviser , Tsx Venture Exchange Lem , Eading Edge Materials Corp , Rare Earth Elements , Critical Raw Materials , பிரிட்டிஷ் கொலம்பியா , பிலிப் கோஸ்லோவ்ஸ்கி ,