tiprankstipranks
Trending News
More News >

RareX Partners with Gega Elements to Develop Australia’s First Integrated Gallium Supply Chain

Story Highlights
  • RareX collaborates with Gega to create Australia’s first integrated gallium supply chain.
  • The partnership aims to enhance RareX’s market position and contribute to national mineral resilience.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RareX Partners with Gega Elements to Develop Australia’s First Integrated Gallium Supply Chain

Confident Investing Starts Here:

RareX Limited ( (AU:REE) ) has provided an update.

RareX Limited has entered a strategic collaboration with Gega Elements to develop Australia’s first integrated gallium supply chain. This partnership aims to leverage RareX’s gallium-bearing samples and Gega’s advanced refining technology to establish a domestic production capability. The agreement positions RareX to enhance its market positioning by contributing to national critical mineral resilience and potentially becoming a significant player in the global gallium market, which is currently dominated by China.

More about RareX Limited

RareX Limited is a critical minerals company specializing in rare earths and niobium, focusing on hard rock carbonatites. The company is engaged in exploration projects such as the Khaleesi Project, Mt Mansbridge xenotime heavy rare earths project, and the Cummins Range Project. RareX aims to build vertically integrated supply chains for critical minerals, aligning with Australian industrial policy and global demand trends.

Average Trading Volume: 12,499,500

Technical Sentiment Signal: Sell

Current Market Cap: A$15.64M

See more insights into REE stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App