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Full interview: Broken Hill Prospecting acquiring advanced rare earth project in Arizona

Broken Hill Prospecting Ltd - Broken Hill Prospecting acquiring advanced rare earth project in Arizona

Broken Hill Prospecting (ASX:BPL) managing director Trangie Johnston updates Proactive Investors on the company’s acquisition of the advanced La Paz Rare Earth project in Arizona, USA.

The managing director said the company had made a strategic move to keep up with market demand as US-China trade talks continued to heat up and impact the rare earth space.

The La Paz project was vacant ground available for mineral exploration until La Paz Rare Earth LLC lodged a title application for processing. 

The project has been at minimal cost to Broken Hill Prospecting of approximately A$80,000, which is supported by current cash reserves.

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ASX:BPL
Market: ASX
Market Cap: $3.7 m
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