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RareX Limited ( (AU:REE) ) has issued an announcement.
RareX Limited has announced promising re-assay results from its Cummins Range project, confirming high-grade gallium alongside rare earths and scandium. This discovery positions Cummins Range as one of Australia’s most advanced gallium projects, with significant implications for the critical minerals market, especially given the growing demand for gallium in electronics and AI technologies.
More about RareX Limited
RareX Limited operates in the mining industry, focusing on the exploration and development of rare earth elements and related minerals. The company is particularly involved in the Cummins Range project, which is a significant undeveloped rare earth deposit in Australia.
Average Trading Volume: 9,915,936
Technical Sentiment Signal: Hold
Current Market Cap: A$18.4M
For a thorough assessment of REE stock, go to TipRanks’ Stock Analysis page.