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Title: Axel REE Progresses Rare Earth Growth Strategy

Axel REE Limited (ASX: AXL) is advancing its rare earth development strategy through continued progress at its Caladão REE-Gallium Project in Brazil. The company achieved encouraging metallurgical outcomes from Woolrich column leach testing, supporting its ionic rare earth element in-situ recovery (ISR) approach with strong recovery rates and low impurity levels. The results highlight the potential for a cost-efficient and sustainable extraction pathway while maintaining a valuable magnet rare earth profile. 

Axel is preparing for its planned ISR field testing program, which is expected to provide key technical data for future development. The company is also progressing resource enhancement activities, gallium and scandium recovery studies, and project advancement initiatives. Supported by a solid cash position and experienced leadership, Axel remains focused on unlocking the value of its critical minerals portfolio.

 

 

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