09:58 AM EST - Namibia Rare Earths Inc. : reported that it has received a preliminary metallurgical report from Mintek confirming that a xenotime concentrate can be produced from the fine grained mineralization at the Lofdal Rare Earth Project in northwestern Namibia, and that thorium can be removed from concentrates on site. A concentrate grade of 8.39% TREO with 96.1% heavy rare earth enrichment was produced from a representative sample of the high grade mineralization with a head grade of 1.37% TREO and achieved an overall recovery of 64.7%. Namibia Rare Earths Inc.
shares T.NRE are trading unchanged at $0.19.
