Rare Element Resources (REEMF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Rare Element Resources Ltd. has announced significant progress on its Wyoming-based rare earth demonstration plant, with construction well underway and operations expected to kick off in the third quarter of 2024. The project, which has seen a budget increase due to inflation, is on track with the first pre-assembled skid already on site. The company is adjusting its financial strategy to ensure the plant’s operation period is sufficient for future commercialization decisions.
For further insights into REEMF stock, check out TipRanks’ Stock Analysis page.
