Heavy Rare Earths (ASX:HRE) Construction In Progress : A$0.00 Mil (As of Dec. 2023)

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What is Heavy Rare Earths Construction In Progress?

Heavy Rare Earths Construction In Progress Historical Data

The historical data trend for Heavy Rare Earths's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Heavy Rare Earths Construction In Progress Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Construction In Progress

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Construction In Progress	-	-	-

Heavy Rare Earths Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

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