Peak Resources Limited (ASX:PEK)
Peak Resources Limited (ASX:PEK) is perfectly positioned to become a competitive and sustainable long term supplier of neodymium(ND) & Praseodymium(PR). The Ngualla project - one of the world's largest and highest grade undeveloped ND & PR rare earth projects - ticks all the right boxes with a 26-year operational life.
Peak Resources aims to be one of the lowest cost players in the industry and has delivered, in April 2017, its extensive Bankable Feasibility Study (BFS). The superior physical attributes of the Ngualla orebody, combined with the unique advantages of the Tees Valley refinery location makes Peak the lowest operating and capital cost project of any comparable rare earth developer.