Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Tactical Resources Corp. ( (TSE:RARE) ) is now available.
Tactical Resources Corp. announced significant advancements in 2024, including a proposed business combination with Plum Acquisition Corp. III, which could lead to a Nasdaq listing and increased growth capital. This strategic move is expected to bolster the company’s position in the U.S. rare earth elements market, supporting national security objectives and meeting rising demand amid China’s export restrictions. The Peak Project in Texas is central to Tactical Resources’ strategy, with key permits in place and access to REE-enriched tailings, positioning it for U.S.-based production.
More about Tactical Resources Corp.
Tactical Resources Corp. is a mineral exploration and development company focused on rare earth elements (REEs). The company is committed to strengthening the U.S. supply chain for critical minerals, particularly in the face of geopolitical tensions affecting exports from China. Their flagship project, the Peak Project, is strategically positioned to address U.S. critical mineral needs.
YTD Price Performance: -13.46%
Average Trading Volume: 20,373
Technical Sentiment Consensus Rating: Buy
See more insights into RARE stock on TipRanks’ Stock Analysis page.