Jefferies Initiates Critical Mineral Companies With Buy Ratings
Jefferies initiated coverage on several critical mineral companies with "Buy" ratings. Among these, Almonty Industries received a price target of $26.25, while USA Rare Earth was given a $21 target. Almonty's Sangdong project in South Korea is expected to supply 40% of non-China tungsten demand.
The critical minerals sector has gained attention due to initiatives like the US "Project Vault," a proposed strategic mineral stockpile. ![]()
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