RareX Limited ( (AU:REE) ) just unveiled an announcement.
RareX Limited has announced the granting of high-priority tenements at its Mt Mansbridge Heavy Rare Earths project in Western Australia, allowing exploration activities to commence in 2025. The project, located near the significant Browns Range HRE district, shows promising potential with high-grade yttrium findings and confirmed xenotime mineralization, positioning RareX as a key player in the rare earths sector. Heritage agreements with native title holders ensure responsible exploration practices, and the acquisition of a new tenement further expands the company’s exploration footprint.
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 and niobium. The company is strategically aligned with the global electrification megatrend, emphasizing the importance of heavy rare earths to Australia’s market.
Average Trading Volume: 519,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.41M
For detailed information about REE stock, go to TipRanks’ Stock Analysis page.