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An update from Peak Rare Earths Limited ( (AU:PEK) ) is now available.
Peak Rare Earths Limited announced a delay in the Second Court Hearing regarding the acquisition of its shares by Shenghe Resources due to pending approval from the Fair Competition Commission of Tanzania. This postponement could impact the timeline of the transaction, and shareholders have the opportunity to oppose the scheme at the rescheduled hearing.
More about Peak Rare Earths Limited
Peak Rare Earths Limited is a company operating in the rare earths industry, focusing on the exploration and development of rare earth elements, which are critical components in various high-tech and clean energy applications.
Average Trading Volume: 1,871,858
Technical Sentiment Signal: Buy
Current Market Cap: A$185.1M
See more data about PEK stock on TipRanks’ Stock Analysis page.