Namibia Critical Metals Inc.·Basic Materials

Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) said on Monday it has appointed seasoned hydrometallurgist Niels Verbaan as vice president, metallurgy, as the Canadian junior miner pushes to advance its Lofdal Heavy Rare Earth Project in Namibia toward a definitive feasibility study. Verbaan, a professional engineer with more than 25 years of experience in mineral processing, joins from SGS Lakefield, the world's leading metallurgical testing and certification firm, where he served as senior director of technical services for hydrometallurgy.

HALIFAX, NS / ACCESS Newswire / April 13, 2026 / Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NCMI") (TSXV:NMI)(OTCQB:NMREF) is pleased to announce the appointment of Mr. Niels Verbaan, PEng, MEng, MSc, FCIM, as Vice President, Metallurgy, responsible for leading metallurgical development of the Company's Lofdal Heavy Rare Earth Project in Namibia.

Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) said it has agreed with joint venture partner Japan Organization for Metals and Energy Security to amend their earn-in agreement for the Lofdal heavy rare earths project in northwestern Namibia, adding funding to advance the project toward development. Under the revised terms, JOGMEC will increase its earn-in expenditure commitment by C$3 million to support completion of a definitive feasibility study for the Lofdal 2B-4 deposit, alongside engineering, mine optimization and infrastructure planning work, the company said.

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HALIFAX, NS / ACCESS Newswire / March 17, 2026 / Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NCMI") (TSXV:NMI)(OTCQB:NMREF) is pleased to announce that Toyota Tsusho Corporation ("Toyota Tsusho") has been selected as the successful bidder in the public tender process conducted by Japan Organization for Metals and Energy Security ("JOGMEC") and will join the Lofdal Heavy Rare Earths Project as part of JOGMEC's ownership interest. Toyota Tsusho is the global trading and industrial supply chain arm of the Toyota Group and one of Japan's largest trading houses.
Namibia Critical Metals Inc., together with its subsidiaries, engages in the exploration and development of critical metals properties in Namibia. It explores for heavy rare earths, gold, cobalt, copper, lead, zinc, nickel, vanadium, tantalum, lithium, and niobium metals. The company holds interests in a portfolio of 5 projects comprising 7 exclusive prospecting licenses, 1 mineral deposit retention license, and 1 mining license with a total surface area of approximately 3,000 square kilometers. The company was formerly known as Namibia Rare Earths Inc. and changed its name to Namibia Critical Metals Inc. in May 2018. Namibia Critical Metals Inc. was incorporated in 2010 and is headquartered in Halifax, Canada.
Basic Materials
Industrial Materials
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2012-08-03
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