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The latest announcement is out from Heavy Rare Earths Limited ( (AU:HRE) ).
Heavy Rare Earths Limited has completed the acquisition of the Prospect Hill Tin Project in South Australia, marking a significant expansion of its mineral rights from uranium-only to all minerals. This acquisition positions HRE as a key player in the tin market, a critical mineral with strong macroeconomic support. The project includes a comprehensive geological database and advanced exploration at the South Ridge prospect, where HRE plans to fast-track a maiden mineral resource estimate. This strategic move diversifies HRE’s commodity mix and enhances its presence in the energy and critical minerals sectors.
More about Heavy Rare Earths Limited
Heavy Rare Earths Limited (HRE) operates in the strategic and critical minerals sector, focusing on commodities such as uranium, scandium, dysprosium, yttrium, and rare earths. The company is expanding its portfolio to include tin, a critical mineral recognized by major governments.
Average Trading Volume: 466,833
Technical Sentiment Signal: Buy
Current Market Cap: A$11.23M
See more data about HRE stock on TipRanks’ Stock Analysis page.