Namibia Critical Metals Inc. has announced the filing of an independent NI 43-101 Pre-Feasibility Study $(PFS)$ for the Lofdal Heavy Rare Earths Project "2B-4" in Namibia. The project, developed in joint venture with the Japan Organization for Metals and Energy Security (JOGMEC), aims to establish a long-term, sustainable supply of heavy rare earths to Japan. The Lofdal deposit is noted for its significant potential production of dysprosium, terbium, and yttrium, which are key economic drivers for the project. JOGMEC has earned a 40% interest in the project by reaching a C$10 million expenditure requirement, with total approved project funding to date at C$17,445,000 out of a C$20 million earn-in requirement for a 50% stake.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namibia Critical Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1126654) on January 13, 2026, and is solely responsible for the information contained therein.