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European Resources advances Korsnäs towards a customer-ready rare earth product

9:04am on Friday 23rd of October, 2026 AEDT • Mining
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European Resources advances Korsnäs towards a customer-ready rare earth product

9:04am on Friday 23rd of October, 2026 AEDT
Key Points
  • Magnet rare earth extraction rises from 83% to 92% after calcite removal
  • ANSTO MREC sample targeted for initial completion in Q4 2026
  • Eastern soil anomaly records the strongest combined rare earth response on the survey line
  • $1.143 million cash balance supports a reported 2.01 quarters of funding
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