Peak Rare Earths Limited (AU:PEK) has released an update.
Peak Rare Earths Limited has announced a major $96 million investment and a pivotal partnership with Shenghe, which fully funds their Ngualla Project. This strategic collaboration is set to transform the company’s prospects by securing the necessary financial and operational groundwork for the project’s future development. The investment is expected to have significant implications for the company’s growth and its position in the rare earths market.
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