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RareX Limited ( (AU:REE) ) has provided an update.
RareX Limited has appointed WSP, a global advisory firm, to lead the environmental and social planning for its proposed Mrima Hill Critical Minerals Project in Kenya. This collaboration underscores RareX’s commitment to integrating leading ESG practices into its operations, ensuring readiness for project advancement once licensing is secured. The engagement with WSP, which has experience in complex jurisdictions, aims to align the project with community expectations and international standards, positioning RareX as a responsible and ethical operator in the critical minerals sector.
More about RareX Limited
RareX Limited is an Australian company operating in the critical minerals industry, focusing on the development of rare earths and niobium projects. The company is engaged in strategic projects such as Mrima Hill in Kenya, which is also prospective for manganese and phosphate. RareX emphasizes environmental, social, and governance (ESG) practices in its operations, collaborating with international and local partners to meet both global and local expectations.
Average Trading Volume: 13,096,735
Technical Sentiment Signal: Sell
Current Market Cap: A$16.56M
Learn more about REE stock on TipRanks’ Stock Analysis page.