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Axel REE Accelerates High-Grade REE-Gallium Resource with $9.6M Cash and Strategic MoUs
5:06am on Monday 2nd of June, 2025 AEST
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Mining
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Axel REE Accelerates High-Grade REE-Gallium Resource with $9.6M Cash and Strategic MoUs
5:06am on Monday 2nd of June, 2025 AEST
Key Points
Commencement of maiden JORC Mineral Resource Estimate at Caladão
Exceptional high-grade gallium and rare earth element intercepts from surface drilling
Strategic MoUs signed with Minas Gerais government bodies to fast-track development
Strong cash position of $9.6 million at quarter-end
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