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An update from Kaili Resources Limited ( (AU:KLR) ) is now available.
Kaili Resources Limited has reported its ongoing focus on exploring rare earth elements (REEs) in the Limestone Coast region of South Australia. The company holds full interest in three tenements, Lameroo, Karte, and Coodalya, which are strategically located near infrastructure and are believed to contain REEs within ionic clay deposits. This exploration aligns with the increasing demand for REEs across multiple industries, and the company’s strategic positioning in the region is bolstered by nearby successful exploration activities by Australian Rare Earths.
More about Kaili Resources Limited
Kaili Resources Limited is engaged in the exploration of rare earth elements (REEs), gold, and copper. The company focuses on projects that are beyond the greenfield stage, with a particular interest in REEs due to their demand across various industries. Kaili holds 100% interests in three tenements in the Limestone Coast of South Australia, which are prospective for REEs within ionic clay.
Average Trading Volume: 1,278,307
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$28.74M
See more data about KLR stock on TipRanks’ Stock Analysis page.