Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue