Rare earth find boosts Terramin

TERRAMIN Australia shares have jumped 15% after the company reported the discovery of high-grade heavy rare earths at its 100%-owned Kapunda-Truro project in South Australia.

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Samples from the find included 5.5% neodymium, 1.4% praseodymium and 0.2% europium, in addition to scandium assays up to 335 parts per million.

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