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The latest announcement is out from RareX Limited ( (AU:REE) ).
RareX Limited has released a presentation detailing its current operations and future prospects. The company is involved in the exploration of rare earth resources, with a focus on the Cummins Range Rare Earths Project. The presentation includes information about the mineral resource estimates and production targets, although it cautions that these are based on inferred resources and there is no certainty that further exploration will result in indicated resources. The announcement highlights the company’s strategic positioning in the rare earth industry, although it also notes the risks and uncertainties associated with mining exploration.
More about RareX Limited
RareX Limited is a company operating in the mining exploration industry, focusing on the exploration and development of rare earth resources. The company is listed on the Australian Securities Exchange (ASX: REE) and the OTCQB market (OTCQB: REEEF).
Average Trading Volume: 6,023,548
Technical Sentiment Signal: Hold
Current Market Cap: A$30.31M
See more insights into REE stock on TipRanks’ Stock Analysis page.