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Australian Rare Earths Secures Maiden Ore Reserve with A$858 Million NPV
9:46am on Thursday 25th of June, 2026 AEST
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Mining
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Australian Rare Earths Secures Maiden Ore Reserve with A$858 Million NPV
9:46am on Thursday 25th of June, 2026 AEST
Key Points
Maiden Ore Reserve of 26Mt at 920ppm TREO
Pre-Feasibility Study shows A$858m post-tax NPV and 99% IRR
Capital-light development with A$178m initial CAPEX
Strategically critical rare earth mix including heavy REEs
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