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    Connected Minerals to acquire major Niobium-REE Carbonatite Project in Angola

    2026-05-08 14:41:30   [Print]
    Connected Minerals Limited, an Australia-based company known for its uranium exploration in Namibia and multi-commodity projects in Western Australia, has entered into a binding conditional agreement to acquire 100% of Frontier Group CRM Pty Ltd.Asian Metal Copyright .Asian Metal Copyright Through this acquisition, Connected Minerals will obtain an indirect 80% interest in the Bailundo licence in Angola, which hosts a significant niobium-rare earth element (Nb-REE) carbonatite complex.Asian Metal Copyright1% Nb2O5 and up to 7.Asian Metal Copyright The move represents a strategic expansion into critical minerals, strengthening the company's portfolio.


    The Bailundo Project features a large carbonatite complex approximately 7km in diameter, located within a 2,054km2 licence area. Recent validation sampling by Frontier has confirmed high-grade surface mineralisation, with channel samples returning up to 2.Asian Metal CopyrightConnected Minerals Limited, an Australia-based company known for its uranium exploration in Namibia and multi-commodity projects in Western Australia, has entered into a binding conditional agreement to acquire 100% of Frontier Group CRM Pty Ltd.Asian Metal Copyright1% Nb2O5 and up to 7.Asian Metal Copyright3% NdPr.Asian Metal Copyright7% TREO (including 1.Asian Metal Copyright3% NdPr.Asian Metal Copyright3% NdPr).Asian Metal Copyright The mineralisation target is hosted in near-surface weathered saprolite and extends into fresh carbonatite.Asian Metal Copyright These results are supported by soil and rock chip samples.Asian Metal Copyright7% TREO including 1.Asian Metal Copyright The mineralisation target is hosted in near-surface weathered saprolite and extends into fresh carbonatite.

    .Asian Metal Copyright Through this acquisition, Connected Minerals will obtain an indirect 80% interest in the Bailundo licence in Angola, which hosts a significant niobium-rare earth element Nb-REE carbonatite complexAsian Metal Copyright
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