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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
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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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