Australian Rare Earths

Announcements

· Mineral Resource Estimate increased by 84% to 186 million tonnes at 712 ppm TREO.

· Contained TREO tonnage increased by 60% to 132,000 tonnes over the year.

· Significant tenure expansion at Koppamurra, bringing the total project area to 7,399 km2.

· Successful drilling program targeting strike extensions and resource definition upgrades.

· Improved development pathway with a progressive heap leach and rapid rehabilitation approach.

· Strategic diversification of exploration portfolio to include uranium.