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Australian Rare Earths Limited ( (AU:AR3) ) has shared an update.
Australian Rare Earths Limited has commenced metallurgical testwork at its Koppamurra project to optimize rare earth recovery and other processes, supported by a $5 million Australian Government grant. This initiative aims to enhance the project’s design for a Pre-Feasibility Study and strengthen Australia’s position in the critical minerals supply chain amid global geopolitical shifts, particularly in light of recent Chinese export controls on key rare earth elements.
More about Australian Rare Earths Limited
Australian Rare Earths Limited (ASX:AR3) is a company focused on the development of rare earth projects, particularly the Koppamurra project in South Australia. The company is involved in the extraction and processing of light and heavy rare earth elements, which are crucial for various high-tech and clean energy applications.
YTD Price Performance: -5.00%
Average Trading Volume: 175,592
Technical Sentiment Signal: Hold
Current Market Cap: A$20.14M
See more insights into AR3 stock on TipRanks’ Stock Analysis page.