Northern Minerals Limited (AU:NTU) has released an update.
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Northern Minerals Limited is making strides with its Browns Range heavy rare earths project in Western Australia, aiming to become a key producer of dysprosium and terbium. With a successful $43 million capital raising and significant shareholder support, the company is well-positioned for future growth and anticipates a final investment decision next year. Despite market challenges, Northern Minerals remains committed to supporting global decarbonisation efforts through the supply of essential materials for electric vehicles and wind turbines.
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