Dominion Minerals Limited ( (AU:IVG) ) has issued an announcement.
Dominion Minerals Limited has announced significant developments in the rare earth elements (REE) sector, particularly focusing on ion-adsorption clay (IAC) deposits in South Australia. The company’s White Hill Project targets IAC mineralization, which is economically significant due to its low operational costs and high potential for REE extraction. The discovery of the Koppamurra IAC deposit, with a new mineral resource estimate of 236 Mt at an average TREO grade of 748 ppm, highlights the region’s potential. This discovery has spurred further exploration in the area, potentially impacting the global supply of heavy rare earth elements.
More about Dominion Minerals Limited
YTD Price Performance: 40.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.2M
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