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RareX Secures A$50M Flexible Funding for Kenyan Rare Earths Push

10:32am on Wednesday 24th of September, 2025 AEST Mining
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RareX Secures A$50M Flexible Funding for Kenyan Rare Earths Push

10:32am on Wednesday 24th of September, 2025 AEST
Key Points
  • A$50 million Share Subscription Facility secured with GEM Global Yield
  • Funding split into two A$25 million tranches, contingent on Mrima Hill project approval
  • Facility supports Year 1-3 work program including pilot plant development
  • RareX retains discretion over drawdown timing and volume
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