Its role Owner
Peak Resources is an Australia-based company focused on the exploration, development, and processing of rare earth elements, particularly neodymium and praseodymium (NdPr). Its principal asset is the Ngualla rare earth project in Tanzania, with plans for upstream mining, beneficiation, and hydrometallurgical processing to produce separated rare earth oxides.
The company targets the permanent magnet value chain, supplying materials used in electric vehicle motors, wind turbines, and electronics. Activities include project development and downstream separation technologies to deliver NdPr and other rare earth products for advanced manufacturing.
chemXplore tracks 1 project involving Peak.
The new refinery at Wilton will process rare earth minerals for various industries. The site was chosen for its logistics, resources, and skilled labor. Production may start in 2019.
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