RareX

Trundle Project Presentation

RareX Limited (RareX, the Company) (ASX: REE) is pleased to present its investor presentation.


Click here for the full ASX Release

This article includes content from RareX, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, CuFe Ltd (ASX: CUF) (CuFe or the Company) provides the results of its General Meeting of Shareholders held at 2:00pm (WST) on 10 October 2024, as set out in the attached schedule. The Company advises that the resolution was passed and decided by way of a poll.

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CuFe Ltd (ASX: CUF) – Trading Halt

Description

The securities of CuFe Ltd (‘CUF’) will be placed in trading halt at the request of CUF, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 14 October 2024 or when the announcement is released to the market.

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Located approximately 490 kilometers south of Halls Creek in Western Australia, West Arunta hosts the significant Luni niobium deposit, which was discovered during the company’s first on-site drilling in 2022.

According to a July 2024 mineral resource estimate, Luni contains inferred resources of 200 million tonnes at 1.0 percent niobium pentoxide, including a higher grade resource of 53 million tonnes at 2.1 percent.

“In June we reported that beneficiation testwork successfully produced a high-grade niobium concentrate, primarily via flotation – the first stage in a conventional ferroniobium process flowsheet,” said WA1 Resources Managing Director Paul Savich in a press release.

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"We are creating a truly diversified critical minerals company. This diversification is based upon on our core uranium processing and our core uranium production capabilities, which remain the heart of our business," he said.

"We have been and will be the number one uranium producer in the US ... however, on top of this uranium capability that we have, we've been able to bolt on a world-significant rare earth business and also a world-significant heavy mineral sand business," added Moore, who is SVP of marketing and corporate development at Energy Fuels.

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The collaboration was announced on Thursday (September 26) and has three main objectives.

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