USAR could secure up to $19.3M in DOE funding to advance a pilot rare earth separation facility and expand U.S. processing capacity.
Critical Metals Corp. is positioned as a strategic supplier of rare earths and lithium for Western high-tech, electrification, and defense sectors. CRML's Tanbreez project in Greenland boasts a $2.4B NPV, 180% IRR, and long-term offtake agreements, supporting robust upside potential despite funding and resource upgrade risks. The Wolfsberg lithium project faces permitting setbacks but retains value through BMW offtake and EU support; updated feasibility studies are pending.
Shares in Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) climbed 7.3% to 19p after the company updated the mineral resource estimate at its Phalaborwa project in South Africa to include yttrium, a heavy rare earth element (REE) currently under Chinese export controls. The revision confirms Phalaborwa as a potential near-term source of both medium and heavy REE, including dysprosium, terbium, samarium, europium, gadolinium and yttrium, as well as critical light REE such as neodymium and praseodymium.
| Automobiles Industry | Consumer Discretionary Sector | Daniel Barel CEO | XMAD Exchange | ES0173093024 ISIN |
| IL Country | 127 Employees | - Last Dividend | 18 Oct 2023 Last Split | 23 Jul 2021 IPO Date |
REE Automotive Ltd. is a pioneering force in the automotive technology landscape, extending its innovative solutions across France, the United Kingdom, the United States, and internationally. Positioned at the forefront of automotive innovation, the company specializes in developing compact, highly integrated modules and platforms designed to revolutionize vehicle architecture. By centralizing critical vehicle components into its REEcorner module and offering the versatile REEplatform for customizable vehicle designs, REE Automotive is reshaping the foundation of electric and commercial vehicles. Headquarters in Herzliya, Israel, the company caters to a diverse clientele, including original equipment manufacturers (OEMs), logistics companies, e-commerce giants, and new mobility ventures, proving its mettle in the evolving automotive landscape.
A revolutionary compact module that integrates essential vehicle drive components such as steering, braking, suspension, powertrain, and control into a singular unit positioned between the chassis and the wheel. This innovation not only simplifies vehicle design but also enhances flexibility and efficiency across various automotive applications.
A modular platform that offers unprecedented customization for vehicle manufacturers. By allowing the addition of a modular and customizable top hat/cabin based on customer specifications, the REEplatform eliminates the need for costly modifications, streamlining the development process for diverse vehicle types.
Specifically designed for commercial delivery vehicles and walk-in vans, the P7-S Strip Chassis exemplifies engineering excellence. Its configuration is tailored to optimize the efficiency and reliability of delivery services, addressing the unique demands of the logistics and e-commerce sectors.
A class 4 chassis cab fully electric commercial truck designed for delivery and a broad spectrum of vocational applications. The P7-C Chassis Cab and Cutway Chassis combine robust electric performance with the versatility needed for various commercial uses, setting new standards for the electric commercial vehicle segment.
A class 3 box truck built on the robust P7 cab chassis, featuring all-wheel drive and steer for superior vehicle control. Engineered for better handling and safety in adverse conditions, the P7-B Box Truck is ideal for businesses seeking reliability and performance in their fleet.