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Heavy Rare Earths Issues 10 Million Unquoted Performance Rights Under Incentive Scheme

Story Highlights
  • Heavy Rare Earths Limited issued 10 million unquoted performance rights under its employee incentive scheme.
  • The new equity incentives aim to align staff with long-term performance and support the company’s growth in critical minerals.
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Heavy Rare Earths Issues 10 Million Unquoted Performance Rights Under Incentive Scheme

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Heavy Rare Earths Limited ( (AU:HRE) ) just unveiled an announcement.

Heavy Rare Earths Limited has issued 10 million unquoted performance rights under its employee incentive scheme, with the new securities not intended to be quoted on the ASX. The move indicates the company is using equity-based incentives to align staff and management with long-term performance and shareholder value, potentially supporting talent retention and signalling ongoing confidence in its growth trajectory within the critical minerals sector.

More about Heavy Rare Earths Limited

Heavy Rare Earths Limited is an Australian-listed company (ASX: HRE) operating in the resources sector, focused on the exploration and development of heavy rare earths projects. Its activities are aimed at supplying critical minerals that are essential to high-tech, renewable energy and advanced manufacturing markets.

Average Trading Volume: 513,474

Technical Sentiment Signal: Sell

Current Market Cap: A$8.11M

For detailed information about HRE stock, go to TipRanks’ Stock Analysis page.

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