Verde Agritech (TSE:NPK) has released an update.
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Verde Agritech has announced promising drilling results from its Man of War project, revealing substantial rare earth elements, crucial for technologies like electric vehicles, across its three targets. The high concentrations of magnetic and heavy rare earths, particularly at Alto da Serra, highlight the project’s potential to provide a secure supply of essential materials as industries seek alternatives to China’s dominance in this sector.
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