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An update from Cobra Resources Plc ( (GB:COBR) ) is now available.
Cobra Resources PLC is strategically positioned to benefit from China’s recent export restrictions on rare earth elements, which are expected to tighten the supply of critical minerals. The company’s Boland Project, enriched in heavy rare earths like dysprosium and terbium, is poised to meet the increasing demand for stable and sustainable alternative supplies. Cobra’s innovative in situ recovery method offers a low-cost and environmentally friendly solution, potentially redefining the rare earth production landscape outside of China.
More about Cobra Resources Plc
Cobra Resources PLC is a mineral exploration and development company focused on advancing its Boland Project in South Australia, which is a potentially world-class ionic Rare Earth Elements (REEs) discovery. The company is pioneering the use of in situ recovery (ISR) mining for rare earths, aiming to provide a cost-competitive and environmentally sustainable alternative to traditional mining methods. Cobra’s projects also include extensive gold mineralization resources.
YTD Price Performance: -13.64%
Average Trading Volume: 1,171,581
Technical Sentiment Signal: Strong Buy
Current Market Cap: £8.34M
See more data about COBR stock on TipRanks’ Stock Analysis page.