tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prospech Ltd. Partners with ANSTO for Advanced Testing on Korsnäs REE Concentrate

Story Highlights
Prospech Ltd. Partners with ANSTO for Advanced Testing on Korsnäs REE Concentrate

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Prospech Ltd. ( (AU:PRS) ) has provided an update.

Prospech Ltd. has contracted ANSTO Minerals to conduct hydrometallurgical testing on an upgraded rare earth elements concentrate from the Korsnäs project in Finland. This collaboration aims to advance the Korsnäs project by evaluating extraction performance and informing process flowsheet decisions, complementing ongoing research within the EU-funded REMHub consortium. The results will guide the selection of practical flowsheets and subsequent stages of work, potentially impacting Prospech’s operations and positioning in the critical minerals industry.

More about Prospech Ltd.

Prospech Limited is focused on discovering and developing critical minerals deposits in Finland and base and precious metals projects in Slovakia. The company is strategically positioned to benefit from global geopolitical and supply chain instability, aligning with the increasing demand for locally sourced minerals in Eastern and Northern Europe, regions supportive of mining and contributing to Europe’s mobility revolution and energy transition.

Average Trading Volume: 594,077

Technical Sentiment Signal: Sell

Current Market Cap: A$8.33M

Learn more about PRS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1