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Axel REE (ASX:AXL) is in a great position with rare earths set to make a comeback in 2025
December 2, 2024
Axel REE, AXL
Axel REE (ASX:AXL)
We spoke to Dr. Fernando Tallarico, CEO of Axel REE (ASX:AXL), about the company’s recent rare earths discovery at Caladao in Brazil’s Lithium Valley in Minas Gerais state.
Dr. Tallarico is optimistic about proving up a major resource of neodymium and praseodymium at Caladao given the strong intersections from early drilling and the long strike length of the identified mineralised zones.
Rare earths have been out of favour in 2024, but the need for more non-Chinese sources in 2025 has the potential to renew investor interest.
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