Heavy Rare Earths Limited (AU:HRE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Heavy Rare Earths Limited has begun exploration on its uranium projects in South Australia, targeting palaeochannels known for their uranium potential. The company has acquired an 80% interest in these projects and is employing advanced geophysical surveys to identify promising sites for drilling. These efforts underscore HRE’s strategic push into the uranium sector, leveraging innovative techniques to unlock new resources.
For further insights into AU:HRE stock, check out TipRanks’ Stock Analysis page.