Added to YB: 2026-05-22
Pitch date: 2026-05-20
MRD.AX [neutral]
Mount Ridley Mines Limited
-3.45%
current return
Author Info
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Company Info
Mount Ridley Mines Limited explores for mineral properties in Australia. The company explores for nickel, iron, copper sulphide, and gold deposits, as well as platinum-group elements and rare earth elements.
Market Cap
AUD 35.9M
Pitch Price
AUD 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-16.01
EV/Sales
76.39
Sector
Metals and Mining
Category
value
The Heavy Rare Earth Story Worth Watching - Mount Ridley Mines Limited
MRD.AX (overview): Heavy REE + scandium + gallium deposit at Grass Patch, WA. 122.6Mt @ 889ppm TREO (41% heavies), 4,272t dysprosium, 719t terbium. Phase 1 met testwork starting at Nagrom under Chris Larder (ex-Alcoa, Lynas). Ionic clay leach similar to Chinese deposits. CRADA w/ Lawrence Livermore opens US funding. Trades $36M vs VTM $180M (5x higher, comparable deposit). Key risk: leach recoveries determine economics.
Read full article (5 min)