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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.