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Castillo Copper Ltd. ( (AU:NFM) ) just unveiled an update.
New Frontier Minerals Limited has entered a binding commercial framework with Metallium to create a novel processing pathway for heavy rare earth elements from the Harts Range project, targeting US magnet and defense customers. The agreement follows exceptional beneficiation results using Metallium’s Flash Joule Heating technology, which significantly upgraded the concentration of rare earth elements in the ore. This strategic collaboration is expected to enhance New Frontier’s industry positioning and create significant shareholder value by providing a unique beneficiation pathway and access to key markets.
More about Castillo Copper Ltd.
New Frontier Minerals Limited is an Australian-based exploration company focused on developing multi-commodity assets with potential for economic mining operations. The company is advancing exploration at the Harts Range Niobium, Uranium, and Heavy Rare Earths Project in the Northern Territory and has interests in the NWQ Copper Project in Queensland. New Frontier Minerals is listed on the LSE and ASX under the ticker ‘NFM’.
Average Trading Volume: 2,896,147
Technical Sentiment Signal: Buy
Current Market Cap: A$38.53M
See more insights into NFM stock on TipRanks’ Stock Analysis page.