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RareX Limited ( (AU:REE) ) has shared an update.
RareX Limited has announced a proposed issue of securities, which includes options and ordinary shares, to be issued on July 31, 2025. This move is aimed at raising capital to support the company’s ongoing projects and operations, potentially strengthening its position in the rare earth elements market.
More about RareX Limited
RareX Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is engaged in identifying and extracting these critical minerals, which are essential for various high-tech and clean energy applications.
Average Trading Volume: 13,389,589
Technical Sentiment Signal: Buy
Current Market Cap: A$24.03M
For a thorough assessment of REE stock, go to TipRanks’ Stock Analysis page.