Cobra Resources Aiming to Have a Rare Earth Carbonate before EOY #ree #australia #cobr

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➡️ Cobra's bench-scale studies show ISR (in-situ recovery) could achieve rare earth oxide recoveries of up to 56%, significantly improving efficiency with low impurities and minimal acid consumption. ➡️ Cobra plans to transition from bench-scale to field testing, aiming to produce a maiden mixed rare earth carbonate in the coming weeks. This marks a milestone toward establishing a commercially viable resource. ➡️ Leveraging ISR, Cobra aims to position itself as a low-cost producer of heavy rare earths, which are crucial for the energy transition. The company anticipates this approach will attract further investor interest as it moves towards a scoping study next year.