Project 9 statements
The deposit 5
Key takeaway. Management describes the deposit as a Xenotime-type resource (April 2026), noting it is one of only two known Xenotime-type deposits under development worldwide and comparable in size and grade to Northern Minerals' Brown's Range.
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The company reports targeting annual production of about 120 tons of dysprosium, 25 tons of terbium and 800 tons of yttrium, with a grade targeting 2 %–2.3 % trio.
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Jurisdiction 2
Key takeaway. Management of Namibia Critical Metals highlights that the company's project is based in Namibia and, as of April 2026, is fully permitted with a 25-year mining license already issued.
Technical risk 2
Key takeaway. Management acknowledges a key assumption that alternative reagents for the flotation regime, available outside of China, were already identified two years ago.
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They also report that upgrading via flotation processing can bring material at flotation grade back up to a similar percentage as light rare earth projects, but with a higher-value basket.
Economics 7 statements
Economics 6
Key takeaway. In an April 2026 update, management presented two economic cases for its project.
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The base case, which uses "realistic rarest basket prices from 2030, 2029 forward," shows an NPV of about 390 million pre-tax and about 275 million after tax. The divergent case, which assumes a "bifurcated Chinese non-China market continues," yields an IRR of about 35% and an after-tax NPV of about 750 million. Capex is estimated at just under 350 million US, including a 20% contingency, for the 13-year mine life. The company notes that NdPr makes up only about 8% of the basket, which is dominated by dysprosium, terbium and yttrium.
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Financing 1
Timeline 2 statements
Timeline 2
Key takeaway. Management reports that a DFS is rolling out in 2026, and that another large demonstration plant flotation test work program with SGS will start within the next two months (both comments from April 2026).
Corporate 1 statement
Market 1
Sources 1 interview
Every interview 1
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 16 Apr 2026 | Crux Investor | Namibia Critical Metals (TSXV:NMI) - Japan-Backed Path to DFS in Q2 2027 | 19 |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is Namibia Critical Metals's project and where is it?
Namibia Critical Metals is a developer critical metals company, with a project stated to be in Namibia. Everything here is drawn from its executives' own interviews.
Which interviews mention Namibia Critical Metals?
We track 1 interview mentioning Namibia Critical Metals, across 1 channel (Crux Investor).
What are investors saying about Namibia Critical Metals?
No independent commentary is on record yet — so far the page carries only the company's own voice.
What do recent interviews with Namibia Critical Metals cover?
The most-discussed topics on record are economics, the deposit, timeline, jurisdiction — each claim quoted and dated in the sections above.