https://newsletter.mw.creamermedia.com
Mining|PROJECT|Projects
Mining|PROJECT|Projects
mining|project|projects

Ugandan authority approves granting of a mining licence over IonicRE's Makuutu project

Drill cores from the Makuutu project in Uganda

Drill cores from the Makuutu project in Uganda

20th October 2023

By: Creamer Media Reporter

     

Font size: - +

The Uganda Directorate of Geological Survey and Mines (DGSM) has approved the granting of a large-scale mining licence for ASX-listed Ionic Rare Earths' (IonicRE's) Makuutu project.

The Stage 1 mining licence covers about 44 km2 of the nearly 300 km2 of tenements at Makuutu.

IonicRE MD Tim Harrison said this was an important milestone for the project.  

“We are pleased with the announcement today that the DGSM has officially approved for granting the large-scale mining licence . . . which now completes all regulatory approvals on the award of the mining licence for the Makuutu project.

“This announcement reinforces the Makuutu project as one of the world’s largest and most advanced development-ready heavy rare earth element assets, and we look forward to progressing the next steps and commissioning our demonstration plant at Makuutu,” he added in an October 20 statement.

Makuutu is an advanced-stage, clay-hosted project with geology similar to major rare earths projects in southern China, which are responsible for the majority of global supply of low-cost heavy and critical rare earths, specifically the high-value magnet metals dysprosium and terbium.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest Multimedia

 

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hillside Aluminium smelter in South Africa’s KwaZulu-Natal.
Hillside Aluminium guiding unchanged output for 2025 financial year
17th April 2025 By: Martin Creamer
Andrada CEO Anthony Viljoen.
Andrada looking to opening more mines in Namibia
16th April 2025 By: Martin Creamer
Resources Watch
Resources Watch
16th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.157 0.232s - 127pq - 2rq
Subscribe Now