Rare earths producer Serra Verde secures $150m investment
The investment will fund operational enhancements and long-term growth initiatives.
23 October 2024
23 October 2024
The investment will fund operational enhancements and long-term growth initiatives.
The government plans to transfer more than 40 of its reserved permits to a state-owned enterprise.
The project includes four claims and is situated in a region known for substantial uranium deposits.
The partnership will be comprised of ten projects within the eastern Athabasca Basin.
The deal includes the Radium Hill, Billeroo, Lake Namba and Prospect Hill projects.
The first stage of drilling will employ two continuously operating diamond drill rigs.
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