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An announcement from Axel REE Ltd. ( (AU:AXL) ) is now available.
Axel REE Ltd. has announced its dual listing on the Frankfurt Stock Exchange, enhancing its visibility and accessibility to European investors amid growing interest in critical minerals like rare earth elements and gallium. This strategic move aligns with Europe’s increased focus on diversifying supply chains away from China, particularly following China’s export controls on gallium and germanium. Additionally, Axel plans to list on the OTC Markets in North America, further broadening its investor base and supporting liquidity. This dual listing strategy positions Axel at the forefront of global trends in critical mineral supply, without issuing new shares, while maintaining the Australian Securities Exchange as its primary exchange.
More about Axel REE Ltd.
Axel REE Ltd. is an exploration company focused on the Caladão REE-Gallium and Caldas REE Projects in Brazil, covering over 1,000km² of exploration tenure. The company aims to explore and develop rare earth elements (REE) and other critical minerals crucial for modern technology and sustainable global economy transitions.
Average Trading Volume: 522,716
Technical Sentiment Signal: Strong Buy
For detailed information about AXL stock, go to TipRanks’ Stock Analysis page.