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Victory Goldfields Limited ( (AU:VTM) ) has shared an update.
Victory Metals Limited has announced significant grade improvements in Terbium, Dysprosium, and Scandium at its North Stanmore Project in Western Australia. The company achieved these results through a simple, low-cost size-by-fraction separation process, enhancing the strategic importance of its operations amid China’s export bans on these elements. This development positions Victory Metals as a key player in the supply of critical minerals, potentially reducing operating costs and boosting profitability.
More about Victory Goldfields Limited
Victory Metals Limited operates in the rare earths industry, focusing on the extraction and processing of heavy rare earth elements such as Terbium, Dysprosium, and Scandium. The company is strategically positioned to provide non-Chinese supply of these critical elements, which are essential for defense and high-tech industries.
Average Trading Volume: 443,717
Technical Sentiment Signal: Buy
Current Market Cap: A$163.5M
For detailed information about VTM stock, go to TipRanks’ Stock Analysis page.