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Brazilian Rare Earths Ltd. ( (AU:BRE) ) has provided an update.
Brazilian Rare Earths Limited announced significant high-grade discoveries at its Pelé Target 1 project in Bahia, Brazil, enhancing the project’s scale and potential. The recent exploration efforts have uncovered extensive mineralisation of rare earth elements, niobium, scandium, tantalum, and uranium, extending the mineralised trendline to over 10 km. These findings bolster the company’s strategic positioning in the rare earth industry and underscore the Pelé Project’s potential as a major district-scale exploration site.
More about Brazilian Rare Earths Ltd.
Brazilian Rare Earths Limited is a company operating in the rare earth elements industry, focusing on the exploration and development of high-grade mineral deposits. The company is involved in projects that target rare earth elements, niobium, scandium, tantalum, and uranium, with significant operations in Bahia, Brazil.
YTD Price Performance: -28.18%
Average Trading Volume: 176,221
Technical Sentiment Signal: Buy
Current Market Cap: A$418.2M
For an in-depth examination of BRE stock, go to TipRanks’ Stock Analysis page.