Australian Rare Earths Limited (AU:AR3) has released an update.
Australian Rare Earths Limited, known as AR3, is set to bolster its position in the energy transition metal sector by expanding its Overland Uranium Project holdings in South Australia to 3,000km2. The expansion comes through a new Exploration License application and the strategic acquisition of Valrico Resources Pty Ltd. AR3 is gearing up for significant exploration activities, with plans to initiate stakeholder engagement and geophysical surveys in anticipation of license grants by September 2024.
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