Heavy Rare Earths Limited
AASX:HRE0.03
AUD
+0.00
(+3.13%)
Heavy Rare Earths Limited
ASX:HRE
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Heavy Rare Earths Limited (ASX:HRE) explores and develops uranium and critical minerals projects in Australia, focusing on rare earth elements, scandium, tin and associated polymetallic deposits for clean energy, defence and technology applications; its principal assets include the Cowalinya rare earth project near Norseman in Western Australia, Duke rare earth project northwest of Tennant Creek in the Northern Territory, Perenjori uranium and rare earth project east of Geraldton in Western Australia, and South Australian Curnamona Province holdings encompassing the Radium Hill uranium-rare earth-scandium project, Lake Namba-Billeroo uranium project and Prospect Hill uranium-tin-polymetallic project, which features recent high-grade silver, copper, zinc, lead and tin discoveries. Incorporated in 2021 and headquartered at Level 21, 459 Collins Street in Melbourne, the company targets sectors such as hybrid and battery electric vehicles, wind energy, smartphones, robotics, power tools, healthcare, military hardware and oil refining through ethically sourced materials from its 100%-owned and joint venture tenements spanning over 2,900 square kilometres in South Australia, Western Australia and the Northern Territory. In June 2025, Heavy Rare Earths finalised its acquisition of an initial 80% interest in uranium rights across the Radium Hill, Lake Namba-Billeroo and Prospect Hill projects from Havilah Resources (ASX:HAV) by committing $3 million in exploration spending over three years, following the initial agreement in October 2024; the company also issued consideration and introducer securities as approved at its 2024 AGM, while recent systematic data analysis at Prospect Hill identified significant polymetallic mineralisation enhancing its diversified critical minerals portfolio.