Added to YB: 2026-08-14
Pitch date: 2026-08-12
MRD.AX [neutral]
Mount Ridley Mines Limited
-2.94%
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 41.2M
Pitch Price
AUD 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
-33.83
P/E
-18.39
EV/Sales
88.32
Sector
Metals and Mining
Category
growth
MRD Just Doubled the Industry's Recovery Rates
MRD.AX (overview): New CTO Larder brought Selectro leach process, proven on Grass Patch (WA polymetallic deposit). Doubled traditional acid recoveries: heavy REE 83%, light REE 77%, scandium 80%, gallium 56% (acid got 0%). Cheaper, closed-loop reagent. 838.7Mt gallium, 368Mt scandium resource. Licensing upside as West spends billions on non-China processing. Next: bulk/scale testing. Early-stage, unoptimized results.
Read full article (5 min)