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Rush Rare Metals Eyes Niobium Boom with Boxi Exploration

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Rush Rare Metals Eyes Niobium Boom with Boxi Exploration

Rush Rare Metals Corp (TSE:RSH) has released an update.

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Rush Rare Metals Corp. has announced encouraging findings from its spring 2024 exploration program at the Boxi property in Quebec, capitalizing on the growing market interest in Niobium, a critical mineral used in various high-tech applications. The company acquired Boxi, which has a significant Niobium presence, after previous holder Areva S.A. dropped it post-Fukushima. These developments come amid a surge in Niobium project valuations, as evidenced by WA1 Resources Ltd.’s stock price skyrocket from $0.14 to over $17 AUD within two years.

For further insights into TSE:RSH stock, check out TipRanks’ Stock Analysis page.

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