The company said the policies are now reversed and the government is supporting the startup and operation of the refinery, encouraging in-country processing of locally produced rare earth concentrates to increase economic benefits from the numerous new ion adsorption clay rare earth mines located in Northern Laos.
Canada Rare Earth said the new sources of rare earth concentrates have greatly enhanced the operating situation for the Laos refinery by reducing the risk of consistent concentrate supply, and that the plant will be ready for commissioning after some modest refurbishments, expected to be complete in Q4 2025.
The refinery has received an updated Environmental Impact Assessment and all required licenses and permits required for operation have been issued.
Canada Rare Earth said it is in discussions with several interested parties for offtake and potential investment at the project level which…
