Cobra Resources (LSE: COBR) has made a unique ionic rare earth discovery, the geological setting of which has the potential to transform the global supply of magnet and heavy rare earths through in situ recovery (“ISR”) – the lowest cost and most environmentally beneficial form of mining.
Cobra’s Boland Project
In 2023, Cobra discovered a rare earth deposit with the potential to re-define the cost of rare earth production. The highly scalable Boland Project in South Australia’s Gawler Craton is Australia’s only ionic rare earth project with the potential for in situ recovery (ISR) mining – a low-cost, low-disturbance method.
