What’s in store for 2024: Reach Resources
Stockhead’s Ashtyn Hiron sits down with Reach Resources (ASX:RR1) CEO Jeremy Bower to close the books on 2023 and gain a sneak peek into what’s around the corner.
Reach Resources concluded 2023 with a second round of drilling at Morrissey Hill, one of the two newly acquired lithium projects in WA’s Gascoyne region.
Although lithium prices took a bit of a hit throughout 2023, Bowers says the company still holds strong confidence in the fundamentals of the project.
“We will continue to focus on Morrissey Hill for the time being, where we’ve got a bit of heritage work to do but another key focus for us is a niobium-rare earths project at Yinnetharra Station.”
“Niobium’s had its time in the sun thanks to WA1 Resoures and we’ve got a fair bit of work to do in terms of expanding and understanding that resource, we’ve got a few different levers to pull when different commodities contract.”
Tune in to hear what’s coming up for Reach Resources in 2024.