Heavy Rare Earth climbs on further rare earth grade find in Western Australia
12/07/2023 05:14
** Shares of Heavy Rare Earth HRE.AX rise as much as 30%
to A$0.13, best day since April 12
** HRE says metallurgical investigation of rare earth
mineralisation at Cowalinya project in Western Australia
delivered a two fold increase in rare earths grade
** Rare Earth Explorer expects reporting new Mineral
Resources and a maiden Exploration Target for the Cowalinya
project in Q3 2023
** Stock hits highest since May 9
** Stock has fallen 13% this year as of last close
(Reporting by Navya Mittal in Bengaluru)
((navya.mittal@thomsonreuters.com))
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