Heavy Rare Earths - HRE (ASX) News & Expert Insights from Stockhead

Heavy Rare Earths Limited (ASX:HRE) is an Australian rare earth exploration and development company that is supporting a cleaner and more sustainable future through critical minerals.

Rare earth materials are used in a wide array of technology and future facing applications, including smart phones, wind energy, and hybrid and electric vehicles.

HRE’s key exploration project is Cowalinya, near Norseman in Western Australia. This is a clay-hosted rare earth project with a JORC Inferred Resource of 28Mt @ 625ppm TREO and a desirable rare earth composition where 25% are the valuable magnet rare earths and 23% the strategic heavy rare earths.

KEY PEOPLE

John Byrne has 40 years’ experience in the natural resource industry as a financial analyst, investor and mine developer. He has been Chairman and CEO of numerous successful resource companies, including Western Coal Corp which was capitalised at less than C$1 million when he joined, and was sold for C$3.3 billion in 2010.

Richard Brescianini commenced his career in mineral exploration with BHP Minerals in 1987. His experience extends further, including his time working as the Director of the Northern Territory Government’s Geological Survey in Darwin, and being part of the executive management team for rare earths developer, Arafura Resources.

Ryan Skeen has a background in financial and economic markets, with expertise in providing investment and strategic advice to emerging companies. Ryan is largely focused on exploration in gold, rare earths and base metals.

Justin Mouchacca is a Chartered Accountant and Fellow of the Governance Institute of Australia with over 15 years’ experience in public company responsibilities including statutory, corporate governance and financial reporting requirements. He has been appointed Company Secretary and Financial Officer for a number of entities listed on the ASX and unlisted public companies.