DY6 Metals – listing on the ASX on Thursday 29th Jun. market cap post IPO: between $11m DY6 Metals has two rare earth projects in southern Malawi – a region which has garnered significant attention from geologists, investors, and ASX companies looking to play a part in diversifying the world’s REE mineral supply.The Southern Malawi alkaline province, where DY6 Metals’ flagship Machinga project is located, is known to host a range of light and heavy rare earth (HRE) projects.But unlike the rest, Machinga has a very high ratio of heavy rare earth (HRE) TREO results, with peak values of up to 39% in conjunction with high ratios of DY2O3 with an average of 3.3%.The company is hoping to get on the ground soon after listing to kick off a ~5000m RC and diamond drilling campaign to follow up targets
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