Welcome to our dedicated page for Namibia Critical Metals news (Ticker: NMREF), a resource for investors and traders seeking the latest updates and insights on Namibia Critical Metals stock.
Namibia Critical Metals Inc. (OTCQB: NMREF; TSXV: NMI) generates news primarily around the advancement of its Lofdal Heavy Rare Earth Project in Namibia and its joint venture with the Japan Organization for Metals and Energy Security (JOGMEC). Company releases emphasize that Lofdal is a Tier-1 heavy rare earth project with a globally significant endowment of dysprosium and terbium, along with yttrium, and that the project is fully permitted under a 25-year Mining License.
News for NMREF often covers key technical milestones, such as the filing of an NI 43-101 pre-feasibility study technical report for the Lofdal 2B-4 project, updates on Mineral Resource Estimates, and detailed results from metallurgical test programs. These include ore sorting trials using XRT and XRF technologies, flotation optimization at SGS Lakefield, and hydrometallurgical pilot plant work aimed at producing high-grade heavy rare earth carbonate products and simplifying the process flowsheet.
Investors following Namibia Critical Metals can also expect regular updates on the funding and progress of the JOGMEC joint venture. Company news has highlighted JOGMEC’s staged earn-in expenditures, budget increases to accelerate work programs, and the evolution of the partnership targeting a long-term, sustainable supply of heavy rare earths to Japan. Additional releases address corporate actions such as stock option grants, warrant exercises, and investor relations engagements.
This NMREF news page on Stock Titan brings together these disclosures in one place, allowing readers to review technical, financial and corporate developments related to the Lofdal project and the company’s collaboration with JOGMEC. For investors and observers interested in heavy rare earth projects and Namibia-focused mining equities, the feed provides a central view of Namibia Critical Metals’ ongoing project and corporate updates.
Namibia Critical Metals (OTCQB:NMREF / TSXV:NMI) filed an independent NI 43-101 Pre-Feasibility Study (PFS) for the Lofdal Heavy Rare Earths Project 2B-4 in Namibia on January 13, 2026.
The report, prepared by SGS Bateman (Pty) Ltd. and supervised by Qualified Person Joseph Keane, highlights the Lofdal deposit's potential to produce dysprosium (Dy), terbium (Tb) and yttrium (Y) as primary economic drivers. The project is being developed in a joint venture with JOGMEC aimed at a long-term, sustainable supply of heavy rare earths to Japan.
Namibia Critical Metals (OTCQB:NMREF) received Cdn. $1,154,762 from the full exercise of 14,761,904 common share purchase warrants on December 22, 2025.
The proceeds comprised two tranches: Cdn. $321,429 from warrants exercised at $0.05 each (expired November 28, 2025) and Cdn. $833,333 from warrants exercised at $0.10 each (expired December 22, 2025). Each warrant converted into one common share. The company said it intends to use the funds for general working capital.
Namibia Critical Metals (OTCQB:NMREF) announced a positive Pre-Feasibility Study for the Lofdal Heavy Rare Earths Project dated December 3, 2025. Key Base Case metrics include after-tax NPV (5%) US$275.5M, after-tax IRR 19.0%, pre-production capex US$273.4M and total capex US$347.9M (US$57.4M contingency). The Project plans a 13-year mine life with 32 Mt Proven and Probable reserves and average annual production of 1,478 t TREO (including 119 t Dy, 17.8 t Tb, 841 t Y).
Measured & Indicated resources total 58.5 Mt at 0.16% TREO containing 4,503 t Dy2O3 and 692 t Tb2O3. A Divergent pricing case raises after-tax NPV to US$747.9M and after-tax IRR to 34.8%, showing high project sensitivity to REE pricing. The Project is in a JV with JOGMEC and holds a 25-year mining license valid to May 10, 2046.
Namibia Critical Metals (OTCQB:NMREF, TSXV:NMI) retained Renmark Financial Communications to provide investor relations services starting November 1, 2025. The engagement carries a cash fee of up to $9,000 CAD per month for an initial seven-month term ending May 31, 2026, with monthly services continuing thereafter. Renmark reported no direct or indirect ownership interest in Namibia Critical Metals or intent to acquire securities. Management said the appointment aims to reinforce the company's profile and increase visibility in the financial community.
Namibia Critical Metals (OTCQB:NMREF) has announced the grant of incentive stock options as part of its remuneration and incentive program. The company's board of directors has approved a total of 4,350,000 Options for its employees, consultants, officers, and directors.
The Options have a five-year exercise period with an exercise price of $0.105 per Common Share, which matches the closing price of the company's shares on the TSX Venture Exchange as of July 25, 2025.
Namibia Critical Metals (OTCQB:NMREF) has announced its engagement with Proactive Investors to enhance investor communications and public market outreach. The 15-month contract, valued at C$28,000, will leverage Proactive's global network of bureaus and studios across major financial hubs including London, New York, Toronto, Vancouver, Sydney, and Perth.
Proactive brings over fifteen years of expertise in digital journalism and investing, offering content creation services through their platform to help companies expand their investor reach.
Namibia Critical Metals Inc. (OTCQB:NMREF) held its Annual General Meeting of Shareholders on May 15, 2025, with 62.22% shareholder representation. All proposed matters received favorable votes, including the re-election of directors Adrian Hickey, Darrin Campbell, William Price, and Steve Herlihy, each receiving over 99.75% approval. Shareholders also approved the company's stock option plan, allowing grants up to 10% of outstanding shares, and confirmed PricewaterhouseCoopers LLP as auditors for the upcoming year.
Namibia Critical Metals (NMREF) reports significant progress in its Lofdal heavy rare earth project, highlighting JOGMEC and Iwatani 's 110 million euro investment in Caremag SAS, a heavy rare earth separation plant. The company is conducting value engineering for its Prefeasibility Study on the expanded Lofdal 2B-4 Project.
Key developments include:
- Plans to increase feed grade to flotation by 50% through XRT and XRF sorting
- Expansion of run-of-mine from 2.1 Mt/a to 3.0 Mt/a
- Ongoing geotechnical drilling to optimize pit slope angles
- Implementation of sustainable water supply solutions
- Development of power supply through photovoltaic systems with battery backup
The company has extracted over 2,100 tonnes of bulk samples from Area 4 pit for extended sorting tests, positioning itself as a significant source of heavy rare earths dysprosium and terbium amid supply chain concerns following Myanmar disruptions and Chinese export restrictions.
Namibia Critical Metals (NMREF) announces an additional $1.154 million CDN budget increase from its joint venture partner JOGMEC for the fiscal year ending March 31, 2025. This follows a previous $550,000 increase announced on January 22, 2025, bringing JOGMEC's total expenditure commitments to $16.245 million.
The additional funding will accelerate several work programs at the Lofdal Heavy Rare Earth project, including:
- Bulk sampling of 1,000t fresh ore samples from 4 ore blocks
- Pilot plant XRF and XRT sorting tests on low and medium grade ore blocks
- Additional geotechnical drilling and detailed pit footwall studies
- Ultra high-resolution topographic drone survey of the mine site
The company will extend the completion timeline of its ongoing Pre-Feasibility Study to incorporate results from this accelerated program.
Namibia Critical Metals (NMREF) has announced successful completion of hydrometallurgical pilot plant testing for its Lofdal Heavy Rare Earth project. The test work, conducted at SGS Lakefield, resulted in a simplified flow sheet with reduced reagent consumption. Key achievements include:
- High-purity rare earth element (REE) carbonate production
- 90-94% dissolution rates for terbium and dysprosium
- Production of REE carbonate containing 3.24% dysprosium, 0.44% terbium, and 19.3% yttrium
- Thorium impurities below 0.5 g/t
Additionally, JOGMEC, the company's joint venture partner, has approved an additional $550,000 CDN budget, bringing total expenditure commitments to $15,091,000. The company expects to complete its PFS report later this year, addressing increased inflationary costs from their November 2022 PEA.
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