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Prospech Ltd. ( (AU:PRS) ) has provided an update.
Prospech Limited has engaged Core Resources Pty Ltd to conduct a metallurgical test work program on a 300 kg bulk sample from its Korsnäs rare earth element project in Finland. This initiative is a critical step in advancing the project, aiming to define an optimal flotation circuit and produce upgraded REE concentrate. The program complements ongoing efforts in Finland under the EU-funded REMHub initiative, with initial results expected in Q4 2025. This development is part of Prospech’s strategy to unlock value from the Korsnäs project and contribute to Europe’s rare earth supply chain.
More about Prospech Ltd.
Prospech Limited is involved in the rare earth element (REE) industry, focusing on the development of the Korsnäs REE project in Finland. The company is working towards establishing a role in Europe’s emerging rare earth supply chain.
Average Trading Volume: 431,184
Technical Sentiment Signal: Sell
Current Market Cap: A$9.09M
For detailed information about PRS stock, go to TipRanks’ Stock Analysis page.