REE: RareX Investor Presentation

Original announcement by asx on

Company
RareX Limited
Ticker
REE
Exchange
ASX
Region
Western Australia
Primary commodity
Rare earth oxides
Secondary commodities
Phosphorus, Niobium, Scandium, Uranium, Gallium, Copper
Document categories
Other, Resource update, Agreement transaction, Metallurgy
Extracted
2026-10-12 00:10:16 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

RareX Limited presented an investor overview highlighting its critical minerals portfolio, including the Cummins Range Rare Earths Project with a 524.3Mt mineral resource and positive metallurgical testwork results. The company is advancing exploration at Khaleesi, with copper sulphide mineralization identified by pXRF and assays pending, and is progressing an application for the Mrima Hill rare earth and niobium project in Kenya.

Reasoning: The investor presentation provides a high-level overview of the company's projects, including historical resource estimates and metallurgical testwork, and updates on ongoing exploration and project development activities without announcing new material results.

Facts used in scoring: 64

Classification and evidence

Stale Data Re-releasenegative · Story-specific tag

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The investor presentation summarizes historical resource estimates from January 2024 and metallurgical testwork from October 2025, providing no new material results.

Evidence · text

“Sources: ASX 25 Jan 2024 (resource); 13 Jan 2026 (mining lease); June 2026 quarterly; 24 Jul, 1 Sep, 21 Sep 2026.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("rougher")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 51. Some facts used in scoring do not have a stored record.

Resource Estimates (48)

indicatedCummins Range · phosphorusTonnes: 44400000Grade: 6Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
6
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“6.0”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · rare_earth_oxidesTonnes: 44400000Grade: 5560Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
5560
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“5560”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · heavy_rare_earth_oxidesTonnes: 44400000Grade: 280Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
280
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“280”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · neodymium_oxideTonnes: 44400000Grade: 880Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
880
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“880”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · praseodymium_oxideTonnes: 44400000Grade: 260Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
260
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“260”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · niobiumTonnes: 44400000Grade: 990Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
990
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“990”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · scandiumTonnes: 44400000Grade: 90Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
90
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“90”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · uraniumTonnes: 44400000Grade: 80Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9c9c7ef821d90b8f4998
Deposit or zone
RARE DYKE

Resource Data

Category
indicated
Tonnes
44400000
Grade
80
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“80”

Context: 44.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · phosphorusTonnes: 363700000Grade: 3.9Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
3.9
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“3.9”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · rare_earth_oxidesTonnes: 363700000Grade: 2960Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
2960
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“2960”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · heavy_rare_earth_oxidesTonnes: 363700000Grade: 160Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
160
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“160”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · neodymium_oxideTonnes: 363700000Grade: 480Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
480
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“480”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · praseodymium_oxideTonnes: 363700000Grade: 140Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
140
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“140”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · niobiumTonnes: 363700000Grade: 570Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
570
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“570”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · scandiumTonnes: 363700000Grade: 70Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
70
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“70”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · uraniumTonnes: 363700000Grade: 40Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:d0b6068fb2c8fbc4a32d
Deposit or zone
RARE DYKE

Resource Data

Category
inferred
Tonnes
363700000
Grade
40
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“40”

Context: 363.7

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · phosphorusTonnes: 33000000Grade: 7.6Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
7.6
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“7.6”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · rare_earth_oxidesTonnes: 33000000Grade: 3430Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
3430
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“3430”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · heavy_rare_earth_oxidesTonnes: 33000000Grade: 290Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
290
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“290”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · neodymium_oxideTonnes: 33000000Grade: 670Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
670
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“670”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · praseodymium_oxideTonnes: 33000000Grade: 170Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
170
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“170”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · niobiumTonnes: 33000000Grade: 500Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
500
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“500”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · scandiumTonnes: 33000000Grade: 80Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
80
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“80”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · uraniumTonnes: 33000000Grade: 100Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:46efb0b1451d6ca426d2
Deposit or zone
PHOS DYKE

Resource Data

Category
indicated
Tonnes
33000000
Grade
100
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“100”

Context: 33.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · phosphorusTonnes: 83100000Grade: 5.6Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
5.6
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“5.6”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · rare_earth_oxidesTonnes: 83100000Grade: 2390Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
2390
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“2390”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · heavy_rare_earth_oxidesTonnes: 83100000Grade: 200Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
200
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“200”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · neodymium_oxideTonnes: 83100000Grade: 460Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
460
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“460”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · praseodymium_oxideTonnes: 83100000Grade: 120Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
120
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“120”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · niobiumTonnes: 83100000Grade: 450Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
450
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“450”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · scandiumTonnes: 83100000Grade: 60Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
60
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“60”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · uraniumTonnes: 83100000Grade: 60Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:6f7366af7634f99ec22f
Deposit or zone
PHOS DYKE

Resource Data

Category
inferred
Tonnes
83100000
Grade
60
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“60”

Context: 83.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · phosphorusTonnes: 77400000Grade: 6.7Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
6.7
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“6.7”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · rare_earth_oxidesTonnes: 77400000Grade: 4650Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
4650
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“4650”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · heavy_rare_earth_oxidesTonnes: 77400000Grade: 280Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
280
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“280”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · neodymium_oxideTonnes: 77400000Grade: 790Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
790
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“790”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · praseodymium_oxideTonnes: 77400000Grade: 230Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
230
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“230”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · niobiumTonnes: 77400000Grade: 780Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
780
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“780”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · scandiumTonnes: 77400000Grade: 90Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
90
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“90”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

indicatedCummins Range · uraniumTonnes: 77400000Grade: 90Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:9849e5be78c57881d96e
Deposit or zone
COMBINED

Resource Data

Category
indicated
Tonnes
77400000
Grade
90
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information.

Negative factors

  • Stale Estimate

Evidence · table

“90”

Context: 77.4

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · phosphorusTonnes: 446900000Grade: 4.2Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
phosphorus
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
4.2
Grade Unit
%
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“4.2”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · rare_earth_oxidesTonnes: 446900000Grade: 2860Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
2860
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“2860”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · heavy_rare_earth_oxidesTonnes: 446900000Grade: 170Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
heavy_rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
170
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“170”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · neodymium_oxideTonnes: 446900000Grade: 480Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
480
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“480”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · praseodymium_oxideTonnes: 446900000Grade: 140Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
140
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“140”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · niobiumTonnes: 446900000Grade: 550Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
niobium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
550
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“550”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · scandiumTonnes: 446900000Grade: 70Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
70
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“70”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

inferredCummins Range · uraniumTonnes: 446900000Grade: 40Grade Unit: ppmHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
uranium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:14e33995029885642c89
Deposit or zone
COMBINED

Resource Data

Category
inferred
Tonnes
446900000
Grade
40
Grade Unit
ppm
Cutoff Grade
2.5
Cutoff Unit
% P2O5

Prior Estimate

Resource Date
2024-01-25

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2024-01-25T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This is a re-release of a historical resource estimate from January 2024, providing no new information, and is in the inferred category.

Negative factors

  • Stale Estimate
  • All Inferred

Evidence · table

“40”

Context: 446.9

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.7 years before this release

Metallurgical Results (3)

flotationCummins Range · rare_earth_oxidesRecovery: 74.6 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
rare_earth_oxides
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Test Work

Program Status
optimization
Test Type
flotation
Processing Route
rougher flotation
Sample
rougher recovery

Recovery

Recovery
74.6 %
Recovery Basis
actual_test
Conc. Grade
25.15
Conc. Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-09T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This metallurgy result is a re-release of historical testwork from October 2025, providing no new information.

Negative factors

  • Stale Estimate

Evidence · text

“9.5x upgrade to 25.15% TREO (rougher recovery up to 74.6%)”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Fact 2Cummins Range · scandiumRecovery: 89 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
scandium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Test Work

Program Status
optimization
Processing Route
extraction
Sample
scandium recovery

Recovery

Recovery
89 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-09T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This metallurgy result is a re-release of historical testwork from October 2025, providing no new information.

Negative factors

  • Stale Estimate

Evidence · text

“89–93% scandium recovery”
Fact 3Cummins Range · galliumHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Cummins Range
Commodity
gallium
Region
australia_wa
Reported Region
Western Australia
Ticker
REE

Test Work

Program Status
optimization
Processing Route
extraction
Sample
gallium extraction

Recovery

Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-09T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This metallurgy result is a re-release of historical testwork from October 2025, providing no new information.

Negative factors

  • Stale Estimate

Evidence · text

“near-complete gallium extraction”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.