Chilean Cobalt targets first NeoRe rare earth output in H1 2027
COBA•NeoRe project targets first output in H1 2027
Chilean Cobalt outlined progress at its NeoRe rare earth project in Chile, targeting first output from its MEP-1 modular plant in H1 2027.
Drilling and model update advance priority targets
Over 2,500 meters of drilling across about 200 holes completed; a geological model update is underway to expand priority targets.
Pilot processing and solvent extraction upgrades continue
Pilot processing reached Batch 7, totaling about 350 kilograms of clay; solvent-extraction pilot upgrades were completed to improve concentrate quality.
Samples sent to potential partners as U.S. reconnaissance continues
Rare earth carbonate concentrate was shipped to potential partners as the group evaluates a Chile-to-U.S. processing route for final separation.
U.S. rare earth reconnaissance sampled 145 sites across seven zones; portable XRF flagged elevated yttrium, with ICP lab assays pending.
