Heavy Rare Earths Limited ( (AU:HRE) ) just unveiled an update.
Heavy Rare Earths Limited has provided an update on its uranium exploration projects in South Australia, with geophysical surveys nearing completion on two key sites. The company is preparing for a detailed magnetic-radiometric survey and aims to generate drilling targets for the second half of 2025, pending necessary permits and clearances. These efforts are part of HRE’s strategy to enhance its exploration portfolio and strengthen its position in the uranium market.
More about Heavy Rare Earths Limited
Heavy Rare Earths Limited (ASX:HRE) is a company engaged in the exploration of rare earth elements and uranium. The company focuses on projects in South Australia and Western Australia, targeting uranium-bearing palaeochannels and other geological formations favorable for sedimentary uranium deposits.
YTD Price Performance: -19.35%
Average Trading Volume: 83,837
Technical Sentiment Consensus Rating: Buy
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