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Great Northern Minerals Limited ( (AU:GNM) ) just unveiled an update.
Great Northern Minerals Limited has announced the acquisition of the Catalyst Ridge Project, comprising 119 mineral claims for rare earth elements and antimony in California’s Mountain Pass District. This strategic move positions the company to leverage the growing demand for critical minerals in the U.S., supported by government initiatives and proximity to major industry players like MP Materials. The company has also completed a $2.6 million capital raise to expedite exploration and development, highlighting its commitment to expanding its presence in the U.S. critical metals market.
More about Great Northern Minerals Limited
Great Northern Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral projects. Its primary products include rare earth elements and antimony, with a strategic market focus on critical metals within the United States.
YTD Price Performance: 28.57%
Average Trading Volume: 243,934
Technical Sentiment Signal: Hold
Current Market Cap: A$2.78M
See more data about GNM stock on TipRanks’ Stock Analysis page.