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RareX Limited ( (AU:REE) ) has shared an announcement.
RareX Limited has successfully engaged with the Jaru Native Title holders over a three-day site visit to discuss the mining heritage protection agreement, which is set for formal endorsement in late November 2025. This agreement is crucial for securing the Mining Lease for the Cummins Range project, allowing RareX to advance its development activities, including metallurgy and potential field trials. The collaboration promises economic and social benefits for the Jaru people and the Kimberley region, with opportunities for royalties, business, and employment. The project is poised to enhance its market positioning by progressing metallurgical work and establishing strategic partnerships for mineral extraction and processing.
More about RareX Limited
RareX Limited is an Australian company operating in the mining industry, focusing on the exploration and development of rare earth elements, gallium, and scandium. The company is involved in the Cummins Range project, aiming to advance the extraction and processing of these critical minerals.
Average Trading Volume: 8,163,402
Technical Sentiment Signal: Buy
Current Market Cap: A$33.51M
Find detailed analytics on REE stock on TipRanks’ Stock Analysis page.