Acquisition of Weld North Project



Highlights

  • RareX acquires E38/3455 known as the Weld North Project

  • Located 84km directly north of Lynas Corporation’s Mt Weld rare earths mine in WA

  • Lynas recently selected Kalgoorlie as the location to build its new $500m cracking and leaching plant for processing rare earth material from its Mt Weld mine

  • Weld North located approximately 350km from Kalgoorlie

  • Acquisition complements RareX’s flagship Cummins Range Project also located in WA

  • Evaluation underway on prospective areas of the overall tenement package

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