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An announcement from RareX Limited ( (AU:REE) ) is now available.
RareX Limited has announced the issuance of 45 million performance rights and 41 million options exercisable at $0.046, under an employee incentive scheme. This move is likely to enhance employee engagement and align their interests with company growth, potentially strengthening RareX’s position in the competitive 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 involved in projects that aim to supply critical minerals essential for various high-tech applications and clean energy solutions.
Average Trading Volume: 6,023,548
Technical Sentiment Signal: Buy
Current Market Cap: A$30.31M
Learn more about REE stock on TipRanks’ Stock Analysis page.