Accesswire
01 Jul 2026, 10:40 UTC · 2h ago
Ecora Resources PLC Announces Update on the Phalaborwa Rare Earths Project DFS
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Accesswire
01 Jul 2026, 10:40 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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75% of the Phalaborwa project flowsheet is now in the engineering phase of the Definitive Feasibility Study (DFS). — Progress toward a completed DFS significantly reduces project risk and brings the asset closer to a final investment decision.
+0.60Pilot plant operations in H1 2026 successfully provided data for the process design of the DFS. — Successful pilot plant data validates the technical viability of the extraction process, increasing the likelihood of commercial success.
+0.40Ecora holds a 0.85% Gross Revenue Royalty on the project, which increases to 1.10% if commercial production does not begin by July 1, 2028. — The royalty structure provides a guaranteed revenue stream for Ecora and includes a hedge (increased rate) against project delays.
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Successful pilot plant operations and progress in the Definitive Feasibility Study for the Phalaborwa project.
Positive updates on a project where the company holds a gross revenue royalty.
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