Australian Rare Earths Limited (AU:AR3) has released an update.
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Australian Rare Earths Limited has secured a $5 million grant from the Australian Federal Government to advance its Koppamurra Project, a key development in the rare earths sector. The funding will support essential testwork, feasibility studies, and the construction of a demonstration plant, highlighting Koppamurra’s potential in diversifying critical mineral supply chains. This move also strengthens AR3’s strategic partnership with Neo Performance Materials, aiming to bolster the clean energy transition.
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