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PepinNini Minerals Limited ( (AU:PNN) ) has shared an announcement.
Power Minerals Limited has amended its announcement regarding the acquisition of the Gamma Heavy Rare Earths Project in California, which is located near the Mountain Pass Mine. The project, initially explored for gold and uranium, has recently been identified for its rare earth elements, showing high-grade historical results. The acquisition aligns with Power’s strategy to enhance its critical mineral portfolio, supported by a $4.1 million placement from investors, including Tribeca Investment Partners and S3 Consortium.
More about PepinNini Minerals Limited
Power Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements and uranium projects. The company is strategically expanding its portfolio of critical mineral assets, with a particular interest in high-grade mineralised carbonatite projects.
YTD Price Performance: -3.26%
Average Trading Volume: 3,917,096
Technical Sentiment Signal: Sell
Current Market Cap: A$22.39M
For detailed information about PNN stock, go to TipRanks’ Stock Analysis page.