RareX Limited (AU:REE) has released an update.
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RareX Limited has announced a partnership with True Fella Pty Ltd to explore the Piper Project, a carbonatite pipe target in the Aileron Province, NT, with potential for niobium and rare earth elements. The project is a strategic addition to RareX’s portfolio, including the flagship Cummins Range and Khaleesi exploration projects, and is structured to optimize exploration funding. Management expresses confidence in the project’s potential and the deal’s alignment with RareX’s growth strategy.
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