The latest update is out from Prospech Ltd. ( (AU:PRS) ).
Prospech Ltd. announced a significant 90% increase in its Inferred Mineral Resource Estimate at the Korsnäs project in Finland, now totaling 13.5 million tonnes at 1.02% Total Rare Earth Oxides (TREO). This expansion underscores the project’s strategic potential and positions it as a key emerging resource in the European rare earths sector. The company is advancing multiple workstreams to further develop this asset, aiming to enhance its contribution to the European rare earths supply chain.
More about Prospech Ltd.
Prospech Ltd. is a company operating in the mining industry, focusing on the exploration and development of rare earth elements (REEs) and other critical minerals. The company is primarily engaged in projects located in Finland and Slovakia, with a market focus on contributing to the European supply chain for rare earths.
YTD Price Performance: -3.45%
Average Trading Volume: 510,786
Technical Sentiment Signal: Hold
Current Market Cap: A$9.21M
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