Citius Resources completes name change to Harena Resources

Published 16/04/2025, 07:08
Citius Resources completes name change to Harena Resources

LONDON - Citius Resources plc, now known as Harena Resources plc, has officially completed its name change, which was registered at Companies House and took effect on April 8, 2025. The change will be reflected on the London Stock Exchange (LON:LSEG) from the start of trading today.

The rebranding to Harena Resources plc follows an announcement made on March 21, 2025, and does not affect the company’s ISIN and SEDOL, which remain the same. Shareholders have been advised that their existing share certificates are still valid and should be retained. Any future share certificates will be issued under the new name.

Harena Resources is an exploration and development company with a 75% interest in the Ampasindava Ionic Clay Rare Earth Project in Madagascar. The project is recognized for having one of the largest ionic clay rare earth deposits outside of China, with a significant presence of high-value magnet metals. The company emphasizes its commitment to sustainable and low-impact mining practices, aiming to provide a reliable supply of critical minerals for industries pivotal to the global energy transition and military defense.

The company has advised shareholders and interested parties that shareholder documents of title will be unaffected by the name change. All communications, including investor relations and financial advisement, will continue under the new name, with contact details remaining unchanged.

This strategic move comes as Harena Resources positions itself in the market for rare earth elements, which are essential for various high-tech applications and have seen increasing demand due to the global push for clean energy solutions.

The information about the name change and company details is based on a press release statement from Harena Resources, which also included forward-looking statements that involve risks and uncertainties, indicating that actual results could vary from expectations.

The company’s forward-looking statements and its strategic focus on critical minerals for energy and defense highlight its role in the evolving market for rare earths, which is crucial for technological advancements and sustainable development.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.