Cradle Resources Limited is an exploration and development company based in West Perth, Australia. The company recently acquired a 50% interest in the Panda Hill Niobium Project in Tanzania, which transforms Cradle into an international niobium development company. With the potential to acquire the balance of the project, Cradle is positioned as one of the few niobium developers in the world. Niobium is a key component of high-strength, low-alloy steels and is in high demand, with 90% of the supply coming from Brazil and the market tightly controlled by three large producers.
Cradle Resources Limited's ticker is CXX
The company's shares trade on the ASX stock exchange
They are based in West Perth, Australia
There are 1-10 employees working at Cradle Resources Limited
It is https://www.cradleresources.com.au/
Cradle Resources Limited is in the Basic Materials sector