Atlantic Strategic Minerals Completes Feasibility Study for Monazite Project, Aiming 1,000 mt Annual Production

Published: Jul 1, 2026 17:27

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US mineral sands producer Atlantic Strategic Minerals (ASM) announced the completion of the feasibility study (FS) for its monazite project, confirming the technical feasibility and a fast track to production for constructing a domestic rare earth processing facility. The study shows that, in its initial phase, the project will build a demonstration plant that utilizes existing by-product streams to produce 1,000 mt of monazite concentrates annually, providing an immediate domestic source of rare earth raw material. Through further expansion and processing of third-party raw materials, capacity can be increased fivefold to approximately 5,000 mt per year. The company stated that the monazite project is built on existing operational foundations, and the demonstration plant can be developed and commissioned within approximately 12 months.

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