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Prospech Ltd. ( (AU:PRS) ) just unveiled an announcement.
Prospech Limited has successfully collected a 500-kilogram bulk sample from the historic Lanthanide Concentrate Stockpile at the Korsnäs REE Project in Finland for metallurgical testing. This initiative, part of the EU-funded REMHub consortium, aims to optimize extraction and purification pathways for REEs, enhancing the company’s strategic positioning in the REE market by potentially establishing a viable processing flowsheet for extracting valuable light rare earths from the stockpile and related sources.
More about Prospech Ltd.
Prospech Limited is a company operating in the rare earth elements (REE) industry, focusing on the extraction and processing of these critical minerals. The company’s primary market focus is on strategic light rare earths such as neodymium, praseodymium, and samarium, which are essential for high-strength permanent magnets.
Average Trading Volume: 228,209
Technical Sentiment Signal: Sell
Current Market Cap: A$5.68M
See more data about PRS stock on TipRanks’ Stock Analysis page.