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The latest announcement is out from Peak Rare Earths Limited ( (AU:PEK) ).
Peak Rare Earths Limited has completed its acquisition process with Shenghe Resources, transferring all remaining shares to Shenghe through a scheme of arrangement. As a result, Peak will be delisted from the Australian Securities Exchange, marking a significant shift in its corporate structure and potentially impacting its market presence.
More about Peak Rare Earths Limited
Peak Rare Earths Limited operates in the mining industry, focusing on the extraction and development of rare earth elements. These elements are crucial for various high-tech applications, including electronics, renewable energy, and defense systems.
Average Trading Volume: 2,150,095
Technical Sentiment Signal: Buy
Current Market Cap: A$193.6M
For detailed information about PEK stock, go to TipRanks’ Stock Analysis page.