Prospech Ltd. (AU:PRS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Prospech Ltd. has announced an initial inferred mineral resource estimate at its Korsnäs project in Finland, revealing a significant presence of rare earth elements. The company has identified 7.1 million tonnes at a 1.08% total rare earth oxide (TREO) concentration and aims to enhance resource quality and quantity through ongoing exploration. This development positions Korsnäs as a promising new rare earth resource in the EU, with potential for economic extraction and expansion.
For further insights into AU:PRS stock, check out TipRanks’ Stock Analysis page.