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The latest announcement is out from RareX Limited ( (AU:REE) ).
RareX Limited has announced the quotation of 119,318,183 new ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code REE, effective May 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s capital base, 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 primarily engaged in producing and supplying these critical minerals, which are essential for various high-tech applications and green technologies.
Average Trading Volume: 13,219,143
Technical Sentiment Signal: Sell
Current Market Cap: A$19.22M
Find detailed analytics on REE stock on TipRanks’ Stock Analysis page.