Rarex (ASX: REE) — Company Overview, News & Financial Data
Rarex is a mineral exploration and development company focused on critical minerals, predominantly rare earth elements and phosphate resources.
Rarex
Rarex is a mineral exploration and development company focused on critical minerals, predominantly rare earth elements and phosphate resources. The company's primary asset portfolio includes carbonatite-hosted rare earth and phosphate deposits located in the Kimberley region of Western Australia, along with prospective exploration tenements across Western Australia targeting neodymium, praseodymium, dysprosium, terbium, niobium, and scandium. Rarex also holds international development interests in rare earth projects in Kenya through a consortium structure, as well as strategic equity investments in listed mineral exploration entities. Its primary activities encompass resource estimation, metallurgical test work, feasibility studies, and regional exploration.
Snapshot
Operations
Products and/or services of Rarex
- Rare Earths and Phosphate Mineral Development: Advanced carbonatite deposit development in the Kimberley region of Western Australia targeting large-scale rare earth element and apatite-hosted phosphate mineralization with associated scandium and gallium resources to support agricultural and critical technology supply chains.
- Heavy Rare Earth Element Exploration: Exploration activities in northern Western Australia targeting xenotime-hosted heavy rare earth mineral systems, conducting systematic geophysical surveys and drilling programs to evaluate high-value dysprosium and terbium resources across prospective basement geological structures.
- Alkaline Intrusive Mineral Exploration: Early-stage exploration across prospective alkaline intrusive complexes in Western Australia targeting high-grade niobium, tantalum, and light rare earth element deposits hosted within major regional structural corridors and magnetic anomalies.
- Regional Critical Mineral Prospecting: Greenfields critical mineral exploration in Western Australia targeting carbonatite systems along prospective regional trends, utilizing regional magnetic data, soil sampling, and reconnaissance drilling to evaluate deep-seated intrusive targets.
- International Joint Venture Mining Development: International mineral development partnership in Kenya evaluating high-grade carbonatite-hosted rare earths and niobium deposits, advancing environmental studies, community engagement, and regulatory approval processes for potential future resource extraction.
- Base and Precious Metals Exploration: Secondary exploration initiatives across tenements in Western Australia focusing on structural gold, copper, and base metal targets through airborne magnetic surveys, geological mapping, and initial exploratory drilling campaigns.
Rarex executive team
- Mr. James DurrantMD, CEO & Director
- Mr. Guy William MoulangHead of Geology, Exploration & Resource Manager and Head of Exploration
- Ms. Oonagh Jane MaloneCompany Secretary