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Great Northern Minerals Limited ( (AU:GNM) ) just unveiled an announcement.
Great Northern Minerals Limited has entered into a binding agreement with the University of Arizona to develop advanced flotation technology for bastnaesite rare earth ores, which is crucial for their Catalyst Ridge project. This partnership is expected to enhance REE recovery and reduce processing costs, aligning with national security supply chain strategies and potentially accessing U.S. critical minerals funding. The collaboration includes a sponsored research program to advance the technology, offering significant improvements in recoverability and processing efficiency, while reducing energy and reagent use.
More about Great Northern Minerals Limited
Great Northern Minerals Limited is a company involved in the mining industry, focusing on the extraction and processing of rare earth elements (REE). The company is working on projects such as the Catalyst Ridge project in the Mountain Pass district, aiming to become a significant producer of REE in the USA.
YTD Price Performance: 314.29%
Average Trading Volume: 7,088,396
Technical Sentiment Signal: Hold
Current Market Cap: A$32.28M
Find detailed analytics on GNM stock on TipRanks’ Stock Analysis page.