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Basin Energy Expands Sybella-Barkly Rare Earth Footprint with New Tenement Bid

8:24am on Tuesday 9th of June, 2026 AEST Mining
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Basin Energy Expands Sybella-Barkly Rare Earth Footprint with New Tenement Bid

8:24am on Tuesday 9th of June, 2026 AEST
Key Points
  • New tenement application adds 5,864 km2 to Sybella-Barkly project
  • Targets clay-rich, sediment-hosted, phosphate-associated rare earth mineralisation
  • Recent Newmans drilling shows high-grade rare earths near surface
  • Queensland Government zero rent initiative eases holding costs until 2028
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