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Lodestar Minerals ( (AU:LSR) ) has issued an update.
Lodestar Minerals Limited has appointed two industry experts from MP Materials Inc and Lynas Rare Earths Ltd to advance its U.S.-focused strategy for heavy rare earths and magnets. These appointments are significant as they align with the U.S. government’s push for self-reliance in critical minerals, and they will support Lodestar’s efforts in developing its Virgin Mountain Heavy Rare Earth Project in Arizona, enhancing its market position and stakeholder value.
More about Lodestar Minerals
Lodestar Minerals Limited operates in the rare earths industry, focusing on the development and supply of heavy rare earth materials and downstream magnet production. The company is strategically positioning itself in the U.S. market to enhance its supply chain capabilities and reduce reliance on imports.
YTD Price Performance: 107.14%
Average Trading Volume: 7,495,386
Technical Sentiment Signal: Sell
Current Market Cap: A$25.3M
For a thorough assessment of LSR stock, go to TipRanks’ Stock Analysis page.