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Core Energy Secures Itambe REE Project from Rio Tinto, Boosts Exploration with $2.75M Raise

11:14am on Friday 30th of January, 2026 AEDT • Mining
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Core Energy Secures Itambe REE Project from Rio Tinto, Boosts Exploration with $2.75M Raise

11:14am on Friday 30th of January, 2026 AEDT
Key Points
  • Binding agreement to acquire 100% of Itambe REE Project from Rio Tinto
  • Significant REE soil anomalies with peak assays over 5,000ppm TREO at Itambe
  • Encouraging high-grade REE intersections from hand-auger drilling at Tunas Project
  • Successful $2.75 million placement to fund exploration and growth
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