Latest Rarex (ASX:REE) News

Takeovers, mine studies and record quarterly updates drove the week, with buyers chasing companies that put hard numbers around cash flow, reserves and contract wins. Losses were just as sharp where traders sold into reopenings or questioned whether fresh capital and non-binding deals would turn into profits.

Small-cap resources names drove the biggest moves this week, with discovery drilling, project studies and funding deals pushing traders into a handful of stocks. The strongest gains came where companies delivered something concrete: thicker ore, bigger reserves, better cash flow or a clearer route to production.

RareX Limited and Iluka Resources have progressed to the Request for Proposal stage for the Mrima Hill Niobium and Rare Earths Project in Kenya, backed by a A$1.65 billion Australian Government loan for downstream refining.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

RareX Limited’s latest metallurgical program at Cummins Range delivers a breakthrough 9.5x upgrade in rare earth concentrate grade and confirms a viable gallium by-product extraction pathway, setting the stage for integrated multi-element processing.

RareX Limited has advanced its rare earths ambitions by securing a key mining lease at Cummins Range, appointing a strategic board member, and raising $5 million to fund exploration and development.

RareX Limited has secured a pivotal mining lease for its Cummins Range Rare Earths Project in Western Australia, confirming some of the highest-grade gallium mineralisation in the country. The company also advances metallurgical testing and forges strategic US partnerships, positioning itself at the forefront of critical minerals development.

RareX Limited has successfully raised A$5 million through a share placement, bolstering its exploration and development efforts across key rare earth and critical mineral projects.

RareX Limited has achieved a major regulatory milestone with the granting of a Mining Lease for its Cummins Range Project in Western Australia, significantly reducing development risk and paving the way for focused metallurgical optimisation and mine planning.

RareX Limited has signed a historic Mining Heritage Protection Agreement with the Jaru people, clearing a major hurdle for the Cummins Range rare earths project and paving the way for a Mining Lease.

RareX Limited has completed heritage clearance at its Khaleesi Project, paving the way for a 3,000m drill campaign targeting extensive high-grade gallium-rich clays and rare earth mineralisation in early 2026.

RareX Limited reports continued high-grade gallium results at Cummins Range and strategic progress on its Mrima Hill project in Kenya, backed by a $50 million funding facility and key partnerships.