Project Update6 May 2026, 05:31 pm
Midwest Ltd Selected for KMML Rare Earth Elements Project
AI Summary
Midwest Ltd has been chosen as the Lead Consortium by Kerala Minerals and Metals Ltd. (KMML) for a Strategic Rare Earth Elements Pilot Project. The project involves processing monazite-rich tailings to produce rare earth elements (REEs), including pilot plant development. The pilot facility is expected to be commissioned within 6 months from approvals, with capital investment undertaken by Midwest Ltd. KMML will provide raw materials, land, and utilities, and Midwest Ltd will have the Right of First Refusal for commercial production.
Key Highlights
- Midwest Ltd to lead consortium for KMML's rare earth elements pilot project.
- Project includes processing monazite tailings into rare earth elements.
- Pilot facility commissioning targeted within 6 months of approvals.
- Midwest Ltd will undertake 100% of the capital investment.
- KMML to provide raw materials, land, and utilities for the project.