An update from Perpetual Resources Ltd. ( (AU:PEC) ) is now available.
Perpetual Resources Ltd announced successful results from metallurgical testing at its Raptor REE project in Brazil, confirming the presence of Ionic Adsorption Clay REE mineralization with high recoveries of Magnet REEs like Neodymium, Praseodymium, Terbium, and Dysprosium. The results, verified by the Australian Nuclear Science and Technology Organisation, indicate strong recoveries and favorable comparisons to established projects, positioning Perpetual Resources for further exploration and development efforts.
More about Perpetual Resources Ltd.
Perpetual Resources Ltd is a company involved in the exploration and development of rare earth elements (REE), focusing on projects with high-grade mineralization. The company is primarily engaged in the mining industry, with a market focus on extracting valuable REEs from its projects, such as the Raptor project in Brazil.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $7.78M
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