Heavy Rare Earths Limited (AU:HRE) has released an update.
Heavy Rare Earths Limited has announced a significant move by securing a deal with Havilah Resources to acquire a major stake in uranium exploration assets in South Australia. The company aims to spend $3 million over three years to earn an 80% interest in these assets, enhancing its portfolio in the critical minerals sector. This strategic acquisition could potentially position Heavy Rare Earths as a key player in uranium exploration.
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