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An update from Victory Goldfields Limited ( (AU:VTM) ) is now available.
Victory Metals Limited has announced the discovery of multiple ultra-high heavy rare earth oxide zones at its North Stanmore project in Western Australia, amid rising global prices for these elements. This development strengthens Victory’s position as a leading heavy rare earth clay project, with the potential to deliver significant economic benefits by reducing processing costs and increasing output efficiency. The company plans to fund further exploration to expand its resource base, aiming to meet the growing demand for critical metals in the western world.
More about Victory Goldfields Limited
Victory Metals Limited operates in the rare earth industry, focusing on the exploration and development of heavy rare earth elements. The company is primarily engaged in identifying and advancing projects with high concentrations of heavy rare earth oxides, positioning itself as a significant player in the global market for strategic metals.
Average Trading Volume: 325,879
Technical Sentiment Signal: Buy
Current Market Cap: A$177.9M
For detailed information about VTM stock, go to TipRanks’ Stock Analysis page.