What does Peak Rare Earths do?
Peak Rare Earths (ASX:PEK) is an Australian mineral exploration and development company focused on rare earth elements (REEs). The company's flagship project is the Ngualla Rare Earth Project in Tanzania, which is one of the largest and highest grade neodymium and praseodymium (NdPr) REE deposits in the world. NdPr are the two most important REEs used in the production of high-strength permanent magnets, which are essential components of electric vehicles and wind turbines.
Company Snapshot
Is Peak Rare Earths a public or private company?
Public
How many people does Peak Rare Earths employ?
17
What sector is Peak Rare Earths in?
Materials
Where is the head office for Peak Rare Earths?
Perth, Australia
What year was Peak Rare Earths founded?
2005
Ngualla Rare Earth Project: A world-class rare earth project in Tanzania with one of the largest and highest grade neodymium and praseodymium REE deposits in the world.
Rare earth concentrate: A high-grade rare earth concentrate that is a valuable feedstock for downstream industries.
Downstream integration: Peak is exploring opportunities to integrate downstream into the production of rare earth metals, alloys, and magnets.
Sustainability: Peak is committed to sustainable development and is working to minimise the environmental impact of its operations.
Technology: Peak is developing innovative technologies to improve the efficiency and sustainability of its rare earth production.
Partnerships: Peak is partnering with leading companies in the rare earth industry to develop and commercialise its products and services.
Dr. Russell John Scrimshaw A.M., AASA
Executive Chairman
Chief Executive Officer
Company Secretary & CFO
Head of Development & Operations
Head of Technical Services
Head of Technical Services - Consultant
Head of Corporate Development & Investor Relations
Head of Exploration
