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MRG Metals Limited ( (AU:MRQ) ) has shared an update.
MRG Metals has reported final mineralogical and chemical results from a composite heavy mineral concentrate sample taken from four alluvial target areas at its Adriano Rare Earth Project in Mozambique. The work confirms a high valuable heavy mineral content of 32.2% in the concentrate, including 1.9% monazite, 2.3% rutile, 1.9% zircon, 1.8% leucoxene and 24.4% ilmenite, alongside a Total Rare Earth Oxide grade of 1.46% with notable concentrations of key battery-related rare earths.
These findings build on previously reported high Total Heavy Mineral grades from auger drilling, which averaged more than 4% over 2.9 metres and reached up to 9.56% in individual samples, confirming well-mineralised alluvial deposits at Adriano. The confirmed mix of high-value heavy minerals and elevated rare earth content underscores Adriano’s potential as a significant monazite-based rare earth source, with further mineralogical and SEM studies planned to refine the understanding of rare earth and titanium-bearing mineral fractions for potential development decisions.
More about MRG Metals Limited
MRG Metals Limited is an Australian-listed mineral exploration company focused on heavy mineral sands and rare earth elements, with key projects in Mozambique. The company targets valuable heavy minerals such as monazite, zircon, rutile, ilmenite and associated rare earth oxides, positioning itself in supply chains linked to advanced materials and battery technologies.
Current Market Cap: A$11.94M
For an in-depth examination of MRQ stock, go to TipRanks’ Overview page.

