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Havilah Resources Limited ( (AU:HAV) ) has shared an update.
Heavy Rare Earths Limited (HRE) has announced the acquisition of rights to South Australia’s largest known tin project at Prospect Hill, marking a significant expansion of its mineral interests beyond uranium. This acquisition is expected to enhance HRE’s portfolio in critical and clean energy minerals, with a focus on tin, which is crucial due to supply deficits and geopolitical concerns. The transaction involves an agreement with Havilah Resources Limited, allowing HRE to earn an 80% interest in non-uranium minerals by meeting specific exploration and development commitments. This strategic move positions HRE to advance quickly in tin extraction, potentially impacting its operations and market positioning positively.
More about Havilah Resources Limited
Average Trading Volume: 194,458
Technical Sentiment Signal: Sell
Current Market Cap: A$62.76M
For detailed information about HAV stock, go to TipRanks’ Stock Analysis page.