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Cobra Resources Plc ( (GB:COBR) ) has provided an announcement.
Cobra Resources PLC has announced promising preliminary results from its metallurgical optimisation studies for the Boland ISR project in South Australia. The unique geology of the Boland project allows for sustainable and low-cost mining, reducing the need for sulphuric acid by leveraging the mineralisation’s chemistry. This advancement not only cuts operational costs but also enhances the project’s economic viability, positioning Cobra favorably in the rare earth metals market.
More about Cobra Resources Plc
Cobra Resources PLC is a South Australian mineral exploration and development company focused on extracting strategic rare earth metals, particularly Dysprosium and Terbium, using innovative in situ recovery (ISR) techniques.
Average Trading Volume: 3,442,559
Technical Sentiment Signal: Buy
Current Market Cap: £38.77M
For detailed information about COBR stock, go to TipRanks’ Stock Analysis page.