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Peak Rare Earths Advances Ngualla Project Amid Rising Rare Earth Prices

5:43am on Monday 2nd of June, 2025 AEST Mining
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Peak Rare Earths Advances Ngualla Project Amid Rising Rare Earth Prices

5:43am on Monday 2nd of June, 2025 AEST
Key Points
  • Advanced transaction negotiations with Shenghe Resources
  • Raised approximately A$8.5 million via placement and SPP
  • Progressed sale of non-core Teesside site in the UK
  • Received Tanzanian government approval for land compensation
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