Australia's Heavy Rare Earths climbs on rare earths find
01/12/2022 24:44
** Shares of Heavy Rare Earths Ltd HRE.AX surge as much as
14.3% to A$0.16, on track for best day since Nov. 25, if gains
hold
** Rare earths explorer says exploration at Cowalinya rare
earth project in Western Australia shows thick sequences of rare
earth mineralisation in saprolite along five exploration
traverses urn:newsml:reuters.com:*:nASXbSnHM7
** Says the exploration results show that rare earths extend
beyond existing Cowalinya resource
** Stock down 46.1% since its debut listing on Aug. 24, as
of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))
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