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MRG Metals Secures High-Grade Garies Rare Earth Project in South Africa

9:54am on Tuesday 23rd of December, 2025 AEDT Mining
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MRG Metals Secures High-Grade Garies Rare Earth Project in South Africa

9:54am on Tuesday 23rd of December, 2025 AEDT
Key Points
  • Acquisition of 70% ownership and operational control of Garies Rare Earth Project
  • High-grade rare earth mineralisation with up to 4.85% total rare earth oxides (TREO)
  • Scrip transaction with milestone-based share issuances tied to Mining Licence and resource milestones
  • Project located near world-class Steenkampskraal Monazite Mine in a Tier-1 mining jurisdiction
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