ACDC has entered into binding acquisition agreements to acquire interests in the Goschen Central Project, the Douglas Project and the Watchem Project (together, the Projects). The Projects are located on the eastern edge of the Murray Basin, Victoria, Australia and are considered highly prospective for HMS, REE and other materials based on past exploration results.
In addition, the Company has entered into a licensing agreement with Canadian public company Medallion Resources Ltd (TSXV:MDL) (Medallion) to utilise its proprietary monazite processing technology, the Medallion Monazite Process (MMP Technology) to extract REE from monazite.
It is anticipated that ADC will list on the ASX during December 2022.
ACDC Metals
About Us ACDC Metals is developing early stage proprietary rare earth element (REE) processing technology and heavy mineral sand (HMS) exploration assets with a vision to create a mine to market critical metals company.
acdcmetals.com.au
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