Highlights

-          Vital completes first month of rare earths production at Nechalacho, Canada

-          Vital intersects high-grade REO mineralisation in North T pit wall at Nechalacho which is not included in the existing mineral resource

-          Nechalacho ore sorter successfully produces high grade REO concentrate

-          Ceromony making first production with Yellowknives Dene First National representatives

My take:

Usually dont show a lot of interest in mining companies due to their lack of pricing power but their is no denying that EV's are here to stay and there will need to be a significant increase in supply of the raw materials. I've only just started looking into VML but here are a few things that sparked my interest: Canada's first rare earths project (Diversification of supply away from China - Just look at Lynas), MD Geoff Atkins is ex Lynas (love to see experienced management in the space), launch of smaller scale production (Phase 1) to assist funding before rolling out Phase two, aim to produce 5000T of contained REO by 2025.