Cobra Resources Plc (GB:COBR) has released an update.
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Cobra Resources Plc has announced promising results from its bench scale In Situ Recovery (ISR) trials for extracting rare earth elements at its Boland Project in South Australia, indicating potential for low-cost and environmentally considerate mining. The trials show high recovery rates for valuable rare earth oxides, with further optimization expected to improve these outcomes. These advancements suggest that Cobra’s project could position itself among the lowest cost rare earth miners globally, with the added benefit of a reduced environmental footprint.
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