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The latest update is out from Cobra Resources Plc ( (GB:COBR) ).
Cobra Resources has successfully produced its first mixed rare earth carbonate at laboratory scale from its Boland Project in South Australia. This development is significant, as it positions Cobra to potentially become a bottom quartile, environmentally considerate source of strategic metals, with high-grade and low-impurity products. The company plans to further advance the project with additional drilling and optimization, aiming to increase recovery rates of heavy rare earth elements, enhancing the value and strategic importance of their product.
More about Cobra Resources Plc
Cobra Resources plc is a mineral exploration and development company listed on the London Stock Exchange under the symbol COBR. The company is focused on advancing a potentially world-class ionic Rare Earth Elements (REEs) discovery at its Boland Project in South Australia, concentrating on the production of mixed rare earth carbonates (MRECs).
YTD Price Performance: 0%
Average Trading Volume: 1,841,206
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £8.8M
See more insights into COBR stock on TipRanks’ Stock Analysis page.
