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AuKing Advances Rare Earths Ambitions with Machinga Acquisition in Malawi

8:24am on Tuesday 4th of August, 2026 AEST Mining
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AuKing Advances Rare Earths Ambitions with Machinga Acquisition in Malawi

8:24am on Tuesday 4th of August, 2026 AEST
Key Points
  • Acquisition of 200.4km² rare earths project in Malawi
  • Historical drilling shows 28–30% heavy rare earth oxide enrichment
  • Performance shares linked to JORC-compliant 10Mt resource milestone
  • Project geology analogous to major North American deposits
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