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Why Did Peak Rare Earths Reject a $240 Million US Bid?
8:28am on Tuesday 16th of September, 2025 AEST
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Why Did Peak Rare Earths Reject a $240 Million US Bid?
8:28am on Tuesday 16th of September, 2025 AEST
Key Points
Peak rejects GICP’s unsolicited $240 million offer
Board finds GICP proposal incomplete and highly conditional
Shenghe’s $195 million scheme remains the preferred path
Regulatory and funding doubts weigh against GICP bid
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