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ABOUT MONGOLIAN NATIONAL RARE EARTH CORP LLC

MNREC’s 100%-owned Khalzan Buregtei Project in western Mongolia is rich in exactly the elements that are critical for the magnets used in wind turbines, electric vehicles, and electronics. It also has strong grades in several other elements that could be produced as by-products.

 A geostatistical resource estimate, supported by drilling and detailed surface mapping, has established that Khalzan Buregtei is one of the world’s largest undeveloped sources of dysprosium.

 

MNREC completed the project’s Preliminary Economic Assessment in 2021, has initiated the Preliminary Economic Assessment, and will do 50,000m of drilling in 2022 to establish the reserves for high-grade Phase 1.

Wind Mills
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CHANGING THE FUTURE

OF THE WORLD'S CRITICAL METAL SUPPLY 

WHY KHALZAN BUREGTEI?

Dy

ONE OF WORLD’S BIGGEST DYSPROSIUM DEPOSITS

REEs: CRITICAL FOR GREEN TECHNOLOGIES

RICH IN HIGH-DEMAND REEs: Dy, Nd, Pr and Tb

LOW STRIP RATIO, RAPID DEVELOPMENT

THIRD NEIGHBOR INVESTMENTS PREFERRED IN STRATEGIC DEPOSITS

MAJORITY SHAREHOLDER IS FINANCIALLY STRONG AND COMMITTED

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RARE EARTHS FOR THE FUTURE OF GREEN TECHNOLOGY

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550

Direct Employment

12.5 years

Mine life

$485 million

Post-tax NPV

$15 million

Annual Royalty for Mine Life 

KHALZAN BUREGTEI PROJECT PHASE 1
IN NUMBERS

30% IRR

Post-tax IRR

52.3 Mt

Life-of-Mine Mill Feed

0.19

Strip ratio

8.4%

Average rare-earth oxide (REO) grade

5.7 years 

Payback Period

155 kt

Average annual concentrate production

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