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Ragusa Minerals Ltd ( (AU:RAS) ) has shared an announcement.
Ragusa Minerals Limited completed a $427,200 capital raising to support new project acquisitions and general corporate needs. The company is actively reviewing new project opportunities across various commodities and jurisdictions to complement its existing portfolio. The Burracoppin Project is under review for potential development opportunities related to kaolin and rare earth elements. Additionally, Ragusa terminated agreements with Geopolymer Industries and May Drilling, while maintaining cash reserves of approximately $162,000 as of June 2025.
More about Ragusa Minerals Ltd
Ragusa Minerals Limited is an Australian-based mineral exploration company with a 100% interest in the Burracoppin REE & Kaolin/Halloysite Project in Western Australia. The company focuses on rare earth elements, halloysite, and kaolinite, with a strategic location near Merredin, providing easy access to essential services for low-cost operations.
Average Trading Volume: 145,354
Technical Sentiment Signal: Sell
Current Market Cap: A$3.21M
For a thorough assessment of RAS stock, go to TipRanks’ Stock Analysis page.