Australian Rare Earth hits near 5-month high on rare earth oxide find

Australian Rare Earths

19/01/2022 03:48

** Shares of Australian Rare Earth Ltd  AR3.AX  jump as much
as 8.9% to A$1.22, hitting their highest since Aug. 26 
    ** Clay-hosted rare earth elements explorer says it has
confirmed intersections of total rare earth oxide at its 
Koppamurra Project, in South Australia and Victoria  urn:newsml:reuters.com:*:nASX3WntVH
    ** Co says drilling program to define additional resources
at the Red Tail and Yellow Tail prospect will start in Feb 2022
    ** Stock has risen 31.8% this year, as of last close

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))