Namibia Critical Metals Inc (TSE:NMI) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Namibia Critical Metals Inc. has agreed to sell four of its non-core gold properties in Namibia to Sylla Gold Corp. for 3 million common shares and $100,000 cash, refocusing its efforts on the Lofdal Heavy Rare Earth Project. The strategic sale allows NCMI to concentrate on developing Lofdal, a significant source of the critical rare earth elements dysprosium and terbium, which are crucial for high-tech applications like electric vehicles and wind turbines.
For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue