Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from RareX Limited ( (AU:REE) ).
RareX Limited has announced significant high-grade gallium intercepts from re-assaying at its Cummins Range project, highlighting the site’s potential as one of Australia’s leading gallium deposits. The results, which include wide intervals of high-grade gallium alongside rare earths and scandium, underscore the strategic importance of the project in the growing market for advanced materials used in high-performance technologies, positioning RareX as a key player in the critical metals sector.
More about RareX Limited
RareX Limited operates in the mining industry, focusing on the extraction and processing of rare earth elements and strategic metals. The company is particularly involved in the development of the Cummins Range project, which is rich in gallium, scandium, and rare earth oxides, positioning itself in a market with growing demand for these critical materials.
Average Trading Volume: 4,331,699
Technical Sentiment Signal: Sell
Current Market Cap: A$18M
See more data about REE stock on TipRanks’ Stock Analysis page.