Brazilian Rare Earths Unveils Record Grades and New Gallium Discovery

• Record ultra-high-grade rare earth mineralisation at Monte Alto with up to 45.7% TREO
• Pelé project confirmed as district-scale high-grade rare earth system with significant drill intercepts
• Amargosa project agreement amended to fixed US$1.00/wet tonne royalty, replacing US$40m milestone payment
• New high-grade gallium discovery at Amargosa with assays up to 190 ppm Ga2O3