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Barkly makes ASX debut with fresh Australian rare earths play

Shares rose nearly 50% after $8 million raise to fund exploration and drilling at a magnet-rich rare earths deposit with 34% magnet rare earths, crucial for EV motors.

Barkly Rare Earths debuted on the ASX today, up 50% in early trade following a fresh $8 million raising to fund its namesake rare earths project in the NT’s Tennant Creek region.

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Sydney Morning Herald broke the news in Sydney, Australia on Friday, January 30, 2026.
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