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Cobra Resources PLC - London-based mining firm - Plans to further advance metallurgical studies at its 100%-owned Boland Ionic Rare Earth Project in South Australia in collaboration with the Australian Nuclear Scientific Technology Organisation. The studies are designed to further optimise the economics of in situ recovery of the rare earth elements contained in the Boland mineralisation. The results of these studies will contribute to economic evaluation of an ISR programme under the terms of a planned scoping study. ‘Cost efficiency is the principal enabler for market resilience, enabling strong margins during good times and market competitiveness in downturns. The ongoing positive results of our optimisation studies are supporting further reductions to the amount of sulphuric acid required to support scalable production,’ says Managing Director Rupert Verco. Current share price: 4.10 pence, down 14% in London on Thursday 12-month change: more than quadrupled Copyright 2025 Alliance News Ltd. All Rights Reserved.
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