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Heavy Rare Earths Limited ( (AU:HRE) ) just unveiled an announcement.
Heavy Rare Earths Limited has announced significant developments in its South Australian mineral projects, particularly the acquisition of all mineral rights to the Prospect Hill Tin Project. This acquisition positions the company as a potential key player in the tin market, a critical mineral sector supported by major governments. The company is leveraging a rich dataset to fast-track exploration and resource estimation at the South Ridge prospect, aiming to establish a maiden mineral resource estimate swiftly. Additionally, strategic corporate changes, including the appointment of new board members, are expected to strengthen the company’s governance and operational capabilities.
More about Heavy Rare Earths Limited
Heavy Rare Earths Limited (HRE) operates in the mining industry, focusing on the exploration and development of mineral projects in South Australia. The company is involved in projects that target tin, uranium, scandium, and rare earth elements, with a significant emphasis on the Prospect Hill Tin Project, which is the largest and most advanced tin project in the region.
Average Trading Volume: 466,963
Technical Sentiment Signal: Buy
Current Market Cap: A$10.19M
See more data about HRE stock on TipRanks’ Stock Analysis page.