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Australian Rare Earths Ltd

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Australian Rare Earth Ltd (ASX:  AR3) is confident there is even further upside at its Koppamurra project in South Australia after successfully achieving a major mineral resource estimate (MRE) jump.

The company reported a 27% increase in the project’s MRE to 236 million tonnes and a 70% boost in the higher-grade subsets.

The estimate now includes 68 Mt grading over 1,000 parts per million total rare earth oxide (TREO).

Australian Rare Earths sees major growth potential at Koppamurra with 27% MRE boost