Ark Mines Advances Sandy Mitchell Rare Earths Project with Processing Trial and Key Environmental Approval

ARK Mines Ltd ( (AU:AHK) ) has provided an update.

Ark Mines has advanced its Sandy Mitchell Rare Earths and Heavy Minerals Project with the commencement of a full-scale processing plant trial at Currumbin Minerals’ licensed facility in South-East Queensland, using bulk samples from its recent resource expansion drilling program to assess commercial-grade outputs including monazite rare earth concentrate, titanium minerals, zircon and garnet. The company also secured a key Environmental Authorisation for Mining Lease ML100409, is nearing completion of extensive environmental baseline studies, and is progressing a parallel Pre-Feasibility Study while engaging with the Queensland Government and project partners to fast-track approvals and development toward a targeted first production date in late 2027, collectively reducing project risk and strengthening its position in the critical minerals supply chain.

The most recent analyst rating on (AU:AHK) stock is a Hold with a A$0.56 price target. To see the full list of analyst forecasts on ARK Mines Ltd stock, see the AU:AHK Stock Forecast page.

More about ARK Mines Ltd

Ark Mines Ltd (ASX: AHK) is an Australian resources company focused on the exploration and development of rare earth elements and heavy mineral sands, primarily through its Sandy Mitchell Rare Earths and Heavy Minerals Project in North Queensland. The company’s strategy targets the growing critical minerals market, positioning Sandy Mitchell as one of the more advanced rare earths projects within Australia’s critical minerals sector.

Average Trading Volume: 86,414

Technical Sentiment Signal: Buy

Current Market Cap: A$36.49M

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