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Barkly Rare Earths surged 50% on ASX debut, raising $8M with a large rare earth and vanadium project in Australia.
Barkly Rare Earths debuted on the ASX in January 2026, surging nearly 50% to 29.5 cents after raising $8 million.
Its Northern Territory project holds a 40 million tonne inferred resource grading 2,100 ppm total rare earth oxides, with 34% being high-value magnet rare earths crucial for EVs and wind turbines.
Early tests showed 74% NdPr extraction and a 10x concentration upgrade to 29,000 ppm TREO.
The sedimentary-hosted, loose sand deposit enables low-cost mining, while a 200-million-tonne vanadium resource offers by-product potential.
The project’s consistent mineralization across wide areas and favorable geology have drawn interest amid global efforts to diversify rare earth supply chains away from China.
Barkly Rare Earths subió un 50% en el debut de ASX, recaudando $8 millones con un gran proyecto de tierras raras y vanadio en Australia.