Double whammy: DevEx flags extensive REEs in QLD and strong uranium hits in NT

Drilling at Kennedy has demonstrated extensive distribution of REE’s in surface clays

Kennedy hosts high-value rare earth elements essential for magnets

Drilling at Nabarlek has intersected high-grade uranium mineralisation across multiple prospects

Second drill rig to be added in light of strong in-fill and extensional results A double win for DevEx Resources as drilling at both the Kennedy ionic clay-hosted rare earths project in Queensland and the Nabarlek uranium project in the NT delivers strong hits. Ionic clay rare earths (REE) deposits are emerging as a credible source of highly sought-after REE globally, especially those used in the energy transition sector.Early work at DevEx Resources’ (ASX:DEV) Kennedy project suggests that the deposit has favourable metallurgical characteristics with leach test work demonstrating rapid recoveries with very low acid consumption and significant scale.At Nabarlek, the company holds a dominant 4,700km 2 tenement package in the Alligator Rivers uranium province – […]

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