Vital Metals possesses full ownership of the Nechalacho Rare Earth Elements (REEs) Project, spanning over 5,000 hectares. The company's primary focus lies in advancing the Nechalacho project, with particular emphasis on the Tardiff deposit, towards becoming a significant rare earth project on a large scale. Notably, the Tardiff deposit distinguishes itself within the realm of substantial rare earth deposits due to its remarkable Nd+Pr to Total Rare Earth Oxide (TREO) ratio of approximately 25%.
In April 2024, Vital Metals unveiled a revised Mineral Resource Estimate for the Tardiff Upper Z