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Peak Rare Earths Clears Key Tanzanian Approvals in Shenghe Takeover Bid
8:44am on Monday 30th of June, 2025 AEST
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Mining
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Peak Rare Earths Clears Key Tanzanian Approvals in Shenghe Takeover Bid
8:44am on Monday 30th of June, 2025 AEST
Key Points
Ngualla Project Special Mining Licence confirmed valid and free of defaults
Tanzanian Mining Commission consents to acquisition by Shenghe subsidiary
Scheme remains subject to shareholder, Chinese, Tanzanian competition, and court approvals
Independent expert to confirm Scheme is in shareholders’ best interests
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