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An update from Ausmon Resources Limited ( (AU:AOA) ) is now available.
Ausmon Resources Limited is prioritizing its efforts on Rare Earth Elements (REEs) exploration in South Australia’s Limestone Coast, with promising projects identified in Jabuk, Beelitz, and Geranium. The company plans to allocate investment funds primarily to REEs in 2026, given the favorable market conditions and government support, while temporarily sidelining its base metals project near Broken Hill. Directors are aligning their interests with shareholders by investing their fees in company shares, demonstrating confidence in the company’s strategic direction.
More about Ausmon Resources Limited
Ausmon Resources Limited is a company focused on the exploration and development of Rare Earth Elements (REEs) in South Australia, particularly in the Limestone Coast region. The company is also involved in potential zinc and lead mineral exploration near Broken Hill in New South Wales, although its primary focus is currently on REEs due to market conditions.
Current Market Cap: A$4.28M
For detailed information about AOA stock, go to TipRanks’ Stock Analysis page.