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The latest update is out from St. George Mining Ltd. ( (AU:SGQ) ).
St George Mining Limited is advancing its drilling and development studies at the Araxá Project in Brazil, which holds a globally significant rare earths and niobium resource. The project is strategically important due to its potential to offer an alternative supply chain to the current market dominated by China, amidst a global push for rare earth independence. The company has completed several environmental studies and is progressing with assays and drilling, positioning itself to capitalize on the increasing interest in rare earths supply chains.
More about St. George Mining Ltd.
St George Mining Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements and niobium resources. The company is actively engaged in projects that aim to establish new supply chains for these critical minerals, notably at its Araxá Project in Minas Gerais, Brazil.
YTD Price Performance: 44.00%
Average Trading Volume: 15,531,129
Technical Sentiment Signal: Buy
Current Market Cap: A$96.22M
See more data about SGQ stock on TipRanks’ Stock Analysis page.