Chilean Cobalt orders long-lead equipment for NeoRe rare earth MEP-1 plant in Chile

Bitget2026/10/12 13:00

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Chilean Cobalt ordered long-lead equipment for NeoRe’s first modular extraction plant, moving the southern Chile rare earth project toward construction.
NeoRe completed drilling at the proposed MEP-1 area; results now feed an updated geological model and initial mine planning for plant feed.
Exploration footprint expanded by 30,800 hectares, lifting total project area to about 67,400 hectares as it targets district-scale development.
Cumulative drilling reached about 3,000 meters across more than 350 drillholes across multiple targets.
First mixed rare earth carbonate production from MEP-1 remains targeted for early 2027, subject to permitting, financing, construction, delivery, commissioning.

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. Chilean Cobalt Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610120900ACCESSWRNAPR_____1235456) on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Chilean Cobalt orders long-lead equipment for NeoRe rare earth MEP-1 plant in Chile

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