Overview
Description
Northern Minerals Ltd. is an Australian mining company primarily engaged in the exploration and development of rare earth minerals, with a specific focus on heavy rare earth elements such as dysprosium and terbium. These elements are vital for advanced technologies, particularly in the manufacturing of electric vehicles, wind turbines, and electronics, due to their unique magnetic and luminescent properties. Northern Minerals operates the Browns Range Project in Western Australia, one of the few projects globally that targets heavy rare earth production. This positions the company as a key player in the diversification of rare earth supplies outside China, contributing to strategic material supply chains. Northern Minerals' role in the financial market is significant as it supports the growing demand for sustainable technologies and contributes to sectors reliant on critical materials, impacting both the mining industry and global clean energy initiatives.
About
CEO
Employees
0
Address
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Website
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Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XDUS