With demand for the specific Rare Earths that LNR is exploring for (Nd, Pr) set to quintuple by 2030 - governments and investors are quickly moving to secure or get exposure to Rare Earth resources. This is because Nd and Pr are essential for the manufacture of permanent magnets found in EVs and wind turbines.
General updates from LNR
WA government tips in $200k for LNR’s drill program [17-Oct-2022]
Visuals from LNR’s first WA rare earths drill [20-Oct-2022]
Lanthanein finds more ironstones in WA [09-Nov-2022]
LNR has visuals of 30m of kaolin from 4m [09-Dec-2022]
$2.52M raised ahead of its 2023 drill programs [01-Feb-2023]