Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Marquee Resources Ltd ( (AU:MQR) ).
Marquee Resources has entered a research and development patent licence and option agreement with UT-Battelle, the manager and operator of the U.S. Oak Ridge National Laboratory under contract with the Department of Energy. The deal grants Marquee access to advanced rare earth extraction and separation technologies, including methods for adjacent lanthanide separation and NEAREST, for application to its Redlings REE Project in Australia.
The 24-month licence, which covers Australia and the U.S., also gives Marquee an option to negotiate a commercial licence for rare earth element and oxide extraction and separation. This agreement strengthens Marquee’s position in downstream rare earth processing, addressing the critical supply chain bottleneck in separation and refining, and enhances the strategic and technical profile of the Redlings project in the global critical minerals sector.
The most recent analyst rating on (AU:MQR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Marquee Resources Ltd stock, see the AU:MQR Stock Forecast page.
More about Marquee Resources Ltd
Marquee Resources Ltd is an Australian-listed exploration company focused on rare earth elements, with its flagship Redlings REE Project in Western Australia. The project hosts a maiden JORC Mineral Resource Estimate of 11Mt at 1,130ppm TREO, including magnetic rare-earth oxides, and an extensive JORC Exploration Target that suggests significant potential for resource expansion.
Average Trading Volume: 4,674,647
Technical Sentiment Signal: Sell
Current Market Cap: A$6.54M
Find detailed analytics on MQR stock on TipRanks’ Stock Analysis page.