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Verde Agritech Unveils Major Rare Earth Resource
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Verde Agritech Unveils Major Rare Earth Resource

Story Highlights
  • Verde Agritech reported a 1.35 billion tons rare earth resource at Man of War project.
  • The project offers significant economic potential and will proceed with Oby’s spin-off.
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Verde Agritech (TSE:NPK) has released an update.

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Verde Agritech has announced a remarkable 1.35 billion tons of rare earth mineral resource estimate at its Man of War project in Brazil, positioning it as one of the largest and highest-grade projects globally. The project, which includes three key targets, has significant economic potential and will focus on advancing its development following the spin-off of Oby Rare Earths Pty. Ltd. Shareholders will soon vote on the spin-off, paving the way for future investment opportunities.

For further insights into TSE:NPK stock, check out TipRanks’ Stock Analysis page.

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