European Resources Doubles Rare Earth Estimate at Korsnäs Project in Finland

Published: Apr 20, 2026 17:25

Save

European Resources Company, listed on the Australian Securities Exchange, has significantly expanded the Mineral Resource Estimate (MRE) for its Korsnäs rare earth project in Finland, with inferred resources of 15.4 million mt at a grade of 1% total rare earth oxides (TREO) and a cut-off grade of 0.5% TREO. In less than a year and a half, the Korsnäs MRE has more than doubled, driven by the expansion of the geological and assay database, the incorporation of new drilling data and assay results, and the refinement of the geological model.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

21 hours ago

China Northern Rare Earth: Major Product Production Hit Record Highs! Net Profit in 2025 Up 124.17% YoY

21 hours ago

Apr 20, 2026 20:04

Pr-Nd and Germanium Prices Continued to Rise, Minor Metal Sector Gained for Three Consecutive Days, Western Metal Materials and Yunnan Germanium Industry Hit Daily Limit [SMM Express]

Apr 20, 2026 20:04

Apr 20, 2026 19:22

Pr-Nd Alloy Prices Surge 6.5% in a Week, Driven by Supply Tightening and Strong Demand【SMM Rare Earth Analysis】

As of now, Pr-Nd alloy prices continued to rise from the morning, reaching 980,000-985,000 yuan/mt, up approximately 60,000 yuan/mt from 915,000-930,000 yuan/mt a week ago, a gain of about 6.5%. This price increase was primarily driven by expectations of supply tightening and growing end-use demand.

Apr 20, 2026 19:22

Related News

China Northern Rare Earth: Major Product Production Hit Record Highs! Net Profit in 2025 Up 124.17% YoY

Apr 21, 2026 19:45

Pr-Nd and Germanium Prices Continued to Rise, Minor Metal Sector Gained for Three Consecutive Days, Western Metal Materials and Yunnan Germanium Industry Hit Daily Limit [SMM Express]

Apr 20, 2026 20:04

Pr-Nd Alloy Prices Surge 6.5% in a Week, Driven by Supply Tightening and Strong Demand【SMM Rare Earth Analysis】

Apr 20, 2026 19:22

Rare Earth Prices Surge: Pr-Nd Oxide and Alloy See Significant Increases Amid Market Sentiment Boost

Apr 20, 2026 18:11