DEFENSE METALS PROVIDES BUSINESS UPDATE
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 06 2025
0mins
Source: PRnewswire
Project Development Update: Defense Metals Corp. is advancing its Wicheeda Rare Earth Element project, with plans to initiate a Definitive Feasibility Study in early 2026 following a successful Pre-Feasibility Study that highlighted its potential as the only REE project in North America with proven reserves.
Engagement with Stakeholders: The company is actively collaborating with the McLeod Lake Indian Band and engaging with Canadian and US authorities to secure support for the project, which is crucial for the North American supply of rare earth elements for various industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
