Vital Metals Unveils Robust Tardiff Scoping Study with US$776M Pre-Tax NPV

• Tardiff deposit hosts 192.7 million tonnes at 1.3% total rare earth oxides (TREO)
• Scoping Study delivers US$776 million pre-tax NPV and 25.5% post-tax IRR
• Capital expenditure estimated at US$291 million with operating costs of US$24 per tonne
• Project benefits from strong Canadian government and Indigenous community engagement