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Victory Metals launches rare earths pilot plant in Perth with government support

Market News
18 Jun 2026
Proactive Investors - Finance
View Source
Bullish
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Victory Metals Ltd has officially launched its rare earths pilot processing plant in Perth, Western Australia, marking a key milestone for its North Stanmore Heavy Rare Earth Project. The plant aims to demonstrate and optimize the extraction process of critical minerals and produce samples for potential customers. This development is significant as it supports Australia's role in securing diversified rare earth supply chains amid global geopolitical tensions. The pilot plant's simpler, lower-cost process positions Victory Metals to advance commercialisation and engage with offtake partners, contributing to future supply of critical minerals for industries like renewable energy and defense.

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