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The latest update is out from Axel REE Ltd. ( (AU:AXL) ).
Axel REE Limited announced significant high-grade gallium mineralization at its Caladão Project, with new intercepts from Area B showing remarkable lateral continuity and resource potential. The ongoing drilling program has confirmed consistent gallium mineralization across 86 km², supporting the company’s strategy to rapidly define a significant maiden gallium and REE resource. This development strengthens Axel’s position in the critical minerals market, with implications for technology and clean energy sectors.
More about Axel REE Ltd.
Axel REE Limited is a company focused on the exploration and development of critical minerals, particularly gallium and rare earth elements (REE), for technology and clean energy applications. The company is engaged in mineral exploration activities at the Caladão Project in Lithium Valley, Minas Gerais, Brazil.
Average Trading Volume: 602,767
Technical Sentiment Signal: Strong Buy
See more insights into AXL stock on TipRanks’ Stock Analysis page.