It seems that the mining gods have caucused and the result is that Northern Minerals shall be rewarded for their bold decision to build Australia’s first heavy rare earths mine. In an exquisite piece of timing, a Chinese government crackdown on illegal mining has sent prices soaring for Dysprosium - the key rare earths product to be churned out from the soon to be built Browns range mine near Halls Creek.
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Northern MineralsClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 134th Northern Minerals $1.3m 168th Sipa Resources $719k 169th Mount Ridley Mines $705k 171st Falcon Metals $688k 173rd Evolution Energy Minerals $682k 604 listed resources wa companies ranked by revenue.
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