top of page
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.
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
RARE EARTHS FOR THE FUTURE OF GREEN TECHNOLOGY
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
bottom of page