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Eclipse Metals Ltd. ( (AU:EPM) ) has provided an update.
Eclipse Metals Ltd has confirmed the presence of high-value, coarse-grained rare earth elements at its Grønnedal Project in Greenland, supported by efficient processing pathways. The project is positioned as a significant source of REE, with a defined resource of 89 million tonnes and potential for extensive growth. The mineralogical studies highlight the project’s economic potential with elevated niobium and yttrium grades, enhancing its importance within the global critical minerals ecosystem. The project’s favorable mineralogy and demonstrated processability align with proven processing methods, strengthening its relevance to EU and North American supply chains.
More about Eclipse Metals Ltd.
Eclipse Metals Ltd is a company operating in the mining industry, focusing on rare earth elements (REE). Their primary project, the Grønnedal REE Project in southwest Greenland, is strategically positioned as a significant global source of REE, with a focus on Nd-Pr permanent magnet feedstock and other critical minerals.
YTD Price Performance: -6.67%
Average Trading Volume: 27,617,315
Technical Sentiment Signal: Hold
Current Market Cap: A$37.26M
For detailed information about EPM stock, go to TipRanks’ Stock Analysis page.