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Northern Minerals Limited ( (AU:NTU) ) has shared an announcement.
Northern Minerals Limited has announced the results of a Definitive Feasibility Study for its Browns Range Heavy Rare Earths Project, highlighting its technical and financial viability. The project aims to produce a significant portion of the global supply of dysprosium and terbium, critical for clean energy technologies, and has secured a long-term supply agreement with Iluka Resources. This positions Northern Minerals as a key player in diversifying the global supply chain for heavy rare earth elements, reducing dependency on China, and supporting Australia’s critical minerals strategy.
The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.
More about Northern Minerals Limited
Northern Minerals Limited is an Australian company focused on heavy rare earth elements, primarily operating the Browns Range Heavy Rare Earths Project in Western Australia. The company aims to reduce global reliance on Chinese production by establishing a domestic supply chain for critical minerals used in renewable energy, defense, and various advanced technologies.
YTD Price Performance: 71.43%
Average Trading Volume: 4,537,486
Technical Sentiment Signal: Buy
Current Market Cap: A$300.9M
See more data about NTU stock on TipRanks’ Stock Analysis page.