Northern Minerals Limited

Northern Minerals Limited announced the first steel has been erected at the Browns Range pilot process plant in East Kimberley, Western Australia. The third and final shipment of equipment arrived at Darwin Port on December 16, 2017.

Mining contractor MACA completed its six-month mining campaign at Northern Minerals' Browns Range heavy rare earths project in Western Australia, on time and on budget.

Northern Minerals awarded MACA a $6 million mining contract for ore extraction and infrastructure at the Browns Range heavy rare earths pilot plant in Australia. The $56 million plant is under construction and expected to start production in mid-2018.

MACA won a $6 million contract to provide mining services to Northern Minerals' Browns Range heavy rare earths pilot project, with an additional $4 million bulk earthworks contract to be awarded.

Northern Minerals received approval from the Department of Mines and Petroleum for its mining proposal at the Browns Range rare earths project in Western Australia, clearing the way for a 60,000 tonne per year pilot plant.

Northern Minerals signed a memorandum of understanding with Sinosteel Equipment & Engineering Co., Ltd. to build a 60,000 tonnes per annum pilot plant for the Browns Range rare earths mine in Western Australia, with Sinosteel MECC deferring AUD$12 million of the $60 million cost.

Northern Minerals signed a non-binding MoU with Sinosteel MECC to serve as EPC contractor for the A$60 million Browns Range Pilot Plant in Western Australia. Construction is expected to commence in early 2017. Sinosteel MECC will defer 20% of payments for 24 months with a right to convert into Northern Minerals shares.