Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Mount Ridley Mines Limited ( (AU:MRD) ) just unveiled an update.
Mount Ridley Mines has signed a Material Transfer Agreement with Lawrence Livermore National Security, LLC, operator of the US Department of Energy’s Lawrence Livermore National Laboratory, to supply ore samples from its Western Australian projects for initial leaching and rare earth extraction and separation test work. The six‑month technical evaluation marks an early but strategically important step in Mount Ridley’s plan to develop downstream processing options in allied jurisdictions, giving it access to world‑class research capabilities and potentially strengthening its role in non‑Chinese critical mineral supply chains amid growing efforts by the US and partners to bolster supply security.
More about Mount Ridley Mines Limited
Mount Ridley Mines Limited is an Australian exploration company focused on critical minerals, including rare earth elements, sourced from its Western Australian project portfolio. Through its wholly owned US subsidiary, Mulsanne Critical Minerals LLC, the company is positioning itself within allied critical mineral supply chains by pursuing downstream processing pathways and collaborations with advanced research institutions.
Average Trading Volume: 40,702,756
Technical Sentiment Signal: Sell
Current Market Cap: A$41.29M
For a thorough assessment of MRD stock, go to TipRanks’ Stock Analysis page.