RareX Limited, a specialised rare earths company, was founded with a firm belief in the enduring significance of rare earths in advancing the clean energy revolution and the electric vehicle mega-trend.
Our flagship project, Cummins Range, is located in the East Kimberley region of Western Australia. With monetised pre-stripping operations set to commence in 2025, this project possesses the capability to produce magnet rare earths and LFP battery phosphates, enabling the annual production of 2.5 million EVs per year over a 15-year period.
RareX maintains a diversified portfolio of exploration tenements and investments that are thematically aligned to advance our mission.
Rare Earths and in particular, NdPr are core enablers of decarbonisation and electrification of our society. NdPr supports high strength magnets which enables low carbon technologies, especially in the electric mobility sector, robotics solutions and renewable energy, particularly the wind energy sector.
The rise of LFP battery technology has opened up a new and exciting use-case within the green energy domain. LFP batteries (Lithium-Iron (Fe)-Phosphate) are increasingly used by leading EV manufacturers due to their lower cost, longer life and increased fire safety. Additionally grid firming LFP batteries are critical to support the grid stability with the ongoing increase of renewable energy in our utility networks.