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HRE — Heavy Rare Earths News Story

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Australia's Heavy Rare Earths jumps after starting review of WA rare earths asset

BUZZ-Australia's Heavy Rare Earths jumps after starting review of WA rare earths asset

** Shares of Australia's Heavy Rare Earths HRE.AX rise as much as 16% to A$0.029, hitting their highest level since April 29

** Uranium and critical minerals explorer commences strategic review of its Cowalinya rare earths project in Western Australia with focus on Heavy Rare Earth Oxides (HREO)

** Adds, it has appointed a rare earths expert to conduct review

** Stock down over 40% this year, including the day's move


(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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