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AXEL REE LIMITED (AXL)

Materials · Historical news and closing prices

Axel Produces High-Grade Rare Earth Product Without Dedicated Impurity-Removal Stage

AXL · Materials · 2026-10-27

Axel REE says laboratory testing at its Woolrich deposit produced a mixed rare earth carbonate containing approximately 54% total rare earth oxides, with strong precipitation results and very low uranium and thorium levels. The test did not require a dedicated impurity-removal stage, which the company says may support a simpler processing route; the results are from laboratory work and further development is ongoing.

Closing price · 2026-10-27: $0.056 · -5.08%