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Steenkampskraal Rare Earth Elements Value Chain Project

Sector: Manufacturing (Industrial) • Location: Western Cape, South Africa

Source: Business Day

Project
Under Development

The Steenkampskraal monazite deposit in the Western Cape is among the highest-grade rare earth resources known. Its owners have outlined a six-phase plan to localise the full value chain. The Industrial Development Corporation has released the first funding tranche to build phase one concentrator capacity, signaling public development finance intent to seed downstream technologies.

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Project Information

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The project “Steenkampskraal Rare Earth Elements Value Chain Project” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Western Cape, South Africa. Taiyo aggregates data on it from Business Day.

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Participants

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Status

Original status

under development

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Description

Description

The Steenkampskraal monazite deposit in the Western Cape is among the highest-grade rare earth resources known. Its owners have outlined a six-phase plan to localise the full value chain. The Industrial Development Corporation has released the first funding tranche to build phase one concentrator capacity, signaling public development finance intent to seed downstream technologies.

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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