Heavy Rare Earths Limited

Equities

HRE

AU0000232035

Non-Gold Precious Metals & Minerals

Market Closed - Australian S.E. Other stock markets 05:55:43 17/05/2024 BST			5-day change	1st Jan Change
0.038 ^AUD	+2.70%		+8.57%	-40.62%

05-13	Heavy Rare Earths Posts 51% TREO Mixed Rare Earth Carbonate; Shares Rise 6%	MT
03-25	Cobra Resources shares jump on "sensational" Boland drilling results	AN

Heavy Rare Earths sees a pathway to development at Cowalinya

August 07, 2023 at 11:02 pm

(via NewsDirect)

Heavy Rare Earths Ltd (ASX:HRE) executive director Richard Brescianini speaks to Thomas Warner from Proactive about the Australian rare earth exploration and development company's ongoing projects and provided updates on their quarterly report. Heavy Rare Earths is primarily focused on its Cowalinya Project, a clay-hosted rare earth venture located in Western Australia.

Additionally, the company has acquired a new project in the Northern Territory and is in the process of applying for two other rare earth projects in Western Australia. The interview highlights the main points from the recent quarterly report, focusing on the developments related to the Cowalinya project.

The company has conducted substantial drilling over the past six months, leading to an expansion of the potential area for mineral resource upgrades. Brescianini also emphasises the significant progress made in the metallurgical aspect of their operations, particularly in the recovery of valuable magnet rare earths, and expresses optimism about the potential development opportunities arising from these findings.

Looking ahead, Heavy Rare Earths expects plenty busy news flow in the coming months, including the commencement of work on the Duke project in the Northern Territory, updates on the Cowalinya Project's mineral resources, and the production of market assessment samples by year-end.

Contact Details

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Heavy Rare Earths Limited

Heavy Rare Earths Posts 51% TREO Mixed Rare Earth Carbonate; Shares Rise 6%	05-13	MT
Cobra Resources shares jump on "sensational" Boland drilling results	03-25	AN
Heavy Rare Earths Limited Reports Earnings Results for the Half Year Ended December 31, 2023	03-14	CI
Heavy Rare Earths' Metallurgical Program Expands Area at Western Australia's Cowalinya Project	03-12	MT
Dreadnought Resources Finds Untested Uranium Targets at Bresnahan Project	03-07	MT
Heavy Rare Earths Secures R&D Tax Rebate for Fiscal Year 2023	03-05	MT
Cobra Resources says assay shows "massive scale potential"	02-27	AN
Ionic Rare Earths Expands Exploration target for Ugandan Rare Earths Project; Shares Down 6%	02-27	MT
Ionic Rare Earths Appoints Executive Chairman; Shares Rise 6%	01-24	MT
Ionic Rare Earths Extends Mineralization at Makuutu Project	11-23	MT
China-linked fund seeks ouster of Australia rare earths miner's chairman	11-22	RE
Heavy Rare Earths Adds Perenjori Project to Rare Earth Portfolio	11-21	MT
The automakers and suppliers pushing to cut rare earths from EVs	11-14	RE
Australian rare earth miner delays AGM on China influence concern	30/10/23	RE
Ionic Rare Earths Completes Drilling at Makuutu Project; Shares Rise 5%	17/10/23	MT
Australian Strategic Materials Achieves High Rare Earth Separation Rates at Dubbo Project	12/10/23	MT
Heavy Rare Earths Updates Mineral Resource of Cowalinya Project	03/10/23	MT
Heavy Rare Earths Limited Reports Earnings Results for the Full Year Ended June 30, 2023	28/09/23	CI
DY6 Metals to Test Samples from Machinga Project in Malawi	12/09/23	MT
Ionic Rare Earths Hits TREO Mineralization at Makuutu Heavy Rare Earths Project; Shares Fall 5%	04/09/23	MT
Heavy Rare Earths Gets Grant for Merino rare Earth Project in Western Australia	01/09/23	MT
Lynas seeking partners for downstream US rare earths business	29/08/23	RE
Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps	29/08/23	RE
1,000,000 Ordinary Shares of Heavy Rare Earths Limited are subject to a Lock-Up Agreement Ending on 22-AUG-2023.	21/08/23	CI
Heavy Rare Earths Begins Sampling Program at Duke Project	03/08/23	MT

Chart Heavy Rare Earths Limited

Duration

Period

More charts

Company Profile

Heavy Rare Earths Limited is a rare earth exploration and development company. The Companyâs key exploration project is Cowalinya, near Esperance in Western Australia. The Cowalinya rare earth project is located 70 kilometers (km) south-east of Norseman and 110 km north-northeast (NNE) of Esperance in Western Australia. The Cowalinya rare earth project comprises a 253 square kilometers (km2) tenement package (E63/1972, E63/2144, E63/2145). The Duke rare earth project is located 50 km north-west of Tennant Creek, 25 km west of the Stuart Highway, and on the Darwin-Adelaide rail line. The 100%-owned Merino rare earth project comprises two contiguous granted exploration licenses E59/2795 and E59/2796 (269 km2) in the Mid-West region, approximately 225 km east-northeast of the port city of Geraldton along the Geraldton-Mount Magnet Road. Its Perenjori rare earth project comprises two contiguous granted exploration licenses E70/6397 and E70/6398 (329 km2) in the Mid-West region.

Sector

Non-Gold Precious Metals & Minerals

More about the company

Income Statement Evolution

More financial data

Sector Rare Earth Minerals

	1st Jan change	Capi.
HEAVY RARE EARTHS LIMITED	-40.62%	1.73M
CHINA NORTHERN RARE EARTH (GROUP) HIGH-TECH CO.,LTD	+3.36%	10.01B
LYNAS RARE EARTHS LIMITED	-2.65%	4.35B
MP MATERIALS CORP.	-8.06%	3.02B
CHINA KINGS RESOURCES GROUP CO.,LTD.	+23.39%	2.79B
SHENGHE RESOURCES HOLDING CO., LTD	-0.20%	2.47B
BRAZILIAN RARE EARTHS LIMITED	+56.54%	428M
ARAFURA RARE EARTHS LIMITED	+24.24%	317M
NORDIC MINING ASA	+19.67%	205M
AUSTRALIAN STRATEGIC MATERIALS LTD	-19.69%	123M

Rare Earth Minerals