Resourcing a
Australian exploration company focussed on the discovery
Broken Hill Prospecting Limited (BPL) is an Australian exploration company targeting the discovery and development of strategic technology mineral resources in the USA and Australia. The Company announced in August 2019 its entry into the lucrative US rare earth market, through the acquisition of the La Paz Rare Earth Project in Arizona which contains an existing NI 43-101 Resource. This Acquisition secures BPL as the only listed ASX company with exposure to the US rare earths market.
In Australia, BPL is focussed on two areas; the Murray Basin Region (Heavy Mineral Sands) and the Broken Hill Region (industrial, base and precious metals) including the Thackaringa Cobalt & Base/Precious Metal Project.
LA PAZ RARE EARTH LLC
BPL is pleased to announce that it has formed a 100%-owned US-based subsidiary called La Paz Rare Earth LLC to acquire and develop the La Paz Rare Earth Project. The La Paz Rare Earth project is located in La Paz County, Arizona, US. The project lies approximately 170 km north- west of Phoenix
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Cobalt
BPL in the Media
2019 - Broken Hill Prospecting (ASX:BPL) managing director Trangie Johnston updates Proactive Investors on the company's acquisition of the advanced La Paz Rare Earth project in Arizona, USA. The managing director said the company had made a strategic move to keep up with market demand as US-China trade talks continued to heat up and impact the rare earth space.
