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Cobra Resources Plc ( (GB:COBR) ) just unveiled an announcement.
Cobra Resources PLC announced successful results from its metallurgical optimization studies at the Boland project, achieving 100% removal of low-value cerium from its pregnant liquor solution. This advancement significantly increases the value and marketability of their mixed rare earth carbonate (MREC) product by enriching it with high-value magnet and heavy REEs like dysprosium and terbium. The company plans to incorporate these findings into its process flowsheet, enhancing its competitive edge in the rare earth industry and positioning the Boland project as a leading ethical source of valuable REEs.
More about Cobra Resources Plc
Cobra Resources PLC is a South Australian mineral exploration and development company focused on strategic rare earth elements (REEs) through in situ recovery (ISR) projects. The company is engaged in optimizing flowsheets to enhance the value of its mineral products, particularly in the Boland project.
Average Trading Volume: 2,446,558
Technical Sentiment Signal: Buy
Current Market Cap: £42.42M
Find detailed analytics on COBR stock on TipRanks’ Stock Analysis page.