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The latest announcement is out from Prospech Ltd. ( (AU:PRS) ).
Prospech Ltd has announced a significant development in their Korsnäs project in Finland with a new Inferred Mineral Resource Estimate of 7.1 million tonnes at 1.08% Total Rare Earth Oxides (TREO). The company is expanding its exploration activities, with additional assay results pending from historical drill core samples. The Jokikangas project area has been more than doubled due to the discovery of high-value elements like hafnium and niobium. Prospech’s initiatives are supported by European Union grant funding, emphasizing the strategic importance of their projects in relation to geopolitical supply chain concerns.
More about Prospech Ltd.
Prospech Ltd is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REE) and other strategic minerals. The company is active in regions such as Finland and Slovakia, where it targets resources like copper, gold, and rare earth elements, contributing to the supply chain of critical minerals in Europe.
YTD Price Performance: -10.0%
Average Trading Volume: 186,291
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.88M
For a thorough assessment of PRS stock, go to TipRanks’ Stock Analysis page.
