Rimfire Pacific Mining Limited ( (AU:RIM) ) has issued an update.
Rimfire Pacific Mining Limited is advancing its air core drilling program at the Currajong Scandium Prospect in the Fifield Scandium District, with 134 holes drilled to date. This initiative gains significance amid recent Chinese export restrictions on scandium, highlighting the district’s potential to provide a stable supply of this critical mineral, crucial for countries like the USA that rely heavily on imports.
More about Rimfire Pacific Mining Limited
Rimfire Pacific Mining Limited is an Australian company operating in the mining industry, focusing on the exploration and development of scandium resources. The company is strategically positioned within the Fifield Scandium District, known for its potential as a secure supplier of scandium, a critical mineral used in various industries.
YTD Price Performance: -37.50%
Average Trading Volume: 1,995,232
Technical Sentiment Signal: Buy
Current Market Cap: A$62.95M
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