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

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

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.

Based on AXL’s ASX announcements · Latest release 27/10/2026 10:24 AM Sydney time
Story updated: 27/10/2026 10:30 AM

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