Red Metal begins a pre-feasibility study for its Sybella rare earths project as part of efforts to fast-track development. The company is examining a simple heap leach operation for the project, which is located near Mount Isa in Queensland, according to the reports. Multiple outlets describe the resource as very large, at nearly one billion tonnes, and frame the study as focused on a low-cost approach. The work is characterised as an early-stage technical assessment rather than a final investment decision. While the articles do not provide additional findings from the study, they consistently state that the pre-feasibility phase is underway and that the proposed processing method is a heap leach. Overall, the coverage aligns on the timing (the study has commenced), the location (near Mount Isa, Queensland), the scale of the resource (around a billion tonnes), and the intended development approach (a simple heap leach operation).