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The latest announcement is out from West Cobar Metals Ltd. ( (AU:WC1) ).
West Cobar Metals Ltd. has identified significant gallium mineralization across its Salazar Critical Minerals Project in Western Australia, particularly in the Newmont and O’Connor deposits. This discovery comes in light of China’s recent restrictions on gallium exports, highlighting potential supply vulnerabilities in global tech industries. The company is reviewing its mineral resource estimates to include gallium, which could enhance its market position by offering a unique mix of high-value co-products alongside rare earth elements.
More about West Cobar Metals Ltd.
West Cobar Metals Limited is a company operating in the critical minerals industry, focusing on the exploration and development of mineral resources. The company primarily deals with rare earth elements, scandium, titanium, alumina, and now gallium, which are essential for various technological and industrial applications.
Average Trading Volume: 2,245,539
Technical Sentiment Signal: Buy
Learn more about WC1 stock on TipRanks’ Stock Analysis page.