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Namibia Critical Metals Cancels Sale, Focuses on Rare Earths

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Namibia Critical Metals Cancels Sale, Focuses on Rare Earths

Namibia Critical Metals Inc (TSE:NMI) has released an update.

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Namibia Critical Metals Inc. has canceled their deal with Sylla Gold Corp. to sell four non-core gold properties in Namibia. The company is focused on developing the Lofdal Heavy Rare Earth project, which is significant for the global supply of metals like dysprosium and terbium, essential for modern technologies such as electric vehicles and wind turbines.

For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.

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