BioLantanidos goal is to become a leading rare earth elements producer and R&D referent for the industry worldwide.
BioLantanidos is a Rare Earth project that has one of the lowest opex and capex REE operations in the world. The Project was designed to be a sustainable option and allow traceability of its product: a Rare Earth Oxides (REO) Concentrate of high purity (> 92%) suitable for downstream separation.
The Project mineralization, Ion-Adsorption Clays rich in Heavy Rare Earth Elements (HREE), is one of the main competitive advantages of BioLantanidos. The ore can be easily extracted and is significantly concentrated, which lowers the Production Costs and makes an efficient use of the resources and supplies.
One of the key values of the Project is its proprietary extraction process called Close Continuous Leaching Process (CCLP), an environmentally friendly method that optimizes the extraction of Rare Earth through the recirculation of water and reagents, obtaining REO Concentrate with purity higher than 92%.
In 2019, BioLantanidos completed a comprehensive Feasibility Study (FS) on its Rare Earth Elements (REE) project located in Penco, in the southern Coastal Mountain Range of Chile, which would be the first project to be developed among others in the pipeline.
BioLantanidos is an ionic clay rare earth deposit, with the lowest cost sources of rare earths in the world.
Our deposit has a special concentration of high demand rare earths, such as Terbium, Dysprosium, Praseodymium and Neodymium.
The extraction is simple and low cost without using explosives. The process is low capex and environmentally friendly with no tailings dam.
Rare earths are essential in several technological components with increasing global demand and some are critical in the manufacturing of permanent magnets used in electric vehicles, wind turbines and drone motors amongst other things.
In order to achieve the mentioned above, an exploration program based on an intensive drilling campaign is proposed for 2020. The goal is to understand the genesis of the ionic clay rare earth deposit, mineralogy characterization, geological modeling and resource estimation updated. The outcome of this study will be used to feed the metallurgic tests. The major objective of this project will be the establishment of a detailed mining planning and an appropriated metallurgic plant equipment.
By April 2020, a total of 7,248 [m] are going to be drilled through 240 sonic core-holes in Penco. This program will end in August 2020.
The rest of 2020 will be dedicated to a brownfield program to confirm additional targets, increase the resources by sonic drilling and discover new geologic potential in Penco.
Pit and Waste Deposit Design.
Open pits are designed with the support of Lerchs and Grossman´s algorithm. Depending on the amount of resources of each mineralized zone it is establish if it is or is not relevant to make phases on the pits -pit by pit graph do not show differences between worst case and best case scenario to low tonnage zones-. As a result of this, all pits have one phase and only one pit has three phases. The design of open pits considers the place of access, ramp design, minimum haulage width and others characteristics.
BioLantanidos Project is located in the rural area of the Penco commune, on territories dedicated to forestry.
For reference, Penco is in the northwest area of the Bío Bío region, limiting to the North with the Tome District, to the East with the Florida District and West and South with the Talcahuano and Concepción Districts respectively.
It is also near the Port of Lirquen and the city’s international airport, Carriel Sur.
BioLantanidos has designed, tested and validated its proprietary extraction method called Close Continuous Leaching Process (CCLP).
CCLP is an innovative process that allows the processing of clays in order to extract ionic exchangeable Rare Earth Oxides in a continuous, economical and sustainable way.
BioLantanidos process includes a series of stages, from the reception of clays to the phase where the Concentrate is under specification and ready to be sent to the final consumer.
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The Company has hosted visits to the Project site to show the extent of the ion-clay mineralization and to the pilot plant campaigns to demonstrate its ability to significantly concentrate, and process the ore into a high purity product suitable for downstream separation. Samples of the mixed RE carbonate produced during these campaigns have been supplied to several parties for evaluation to ensure it meets potential customer requirements.
Today the company is developing and has already closed Off Take agreements for its products as well as developed several conversations with concentrate separations suppliers in order to install a separation plant at the Penco facility.
Río Lía Exploration Project is located in Santa Juana area, which also shows exploration mining properties of BioLantanidos. Details of the location and exploration concessions in Río Lía will be shown in the future.