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RareX enters financial year 2027 with strategy
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RareX enters financial year 2027 with strategy

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  • RareX has launched its critical minerals strategy for FY2027 across development, exploration, and strategic partnership projects.
  • RareX shares remained flat at $0.01 following the corporate update.
  • The company aims to capitalise on growing global demand for critical mineral supply chains outside China.

RareX (ASX:REE) has entered financial year 2027 with an updated strategy focused on diversified critical mineral assets.

The announcement follows completed heritage, licensing, and metallurgy milestones at the flagship Cummins Range Project.

"RareX has reached an important stage with key initiatives entering new phases," said RareX Managing Director and CEO James Durrant.

The company stated that it is progressing a Kenyan tender with Iluka Resources while planning drilling at Khaleesi.

Following the announcement, the RareX share price was unchanged at $0.01.

Beyond core exploration projects, RareX maintains key investments in Kincora Copper (ASX:KCC) and Canada Rare Earth Corporation.

The business also holds a strategic stake in EAU Lithium following its merger with Cosmos Exploration (ASX:C1X).

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