Cummins Range remains Australia's largest undeveloped rare earth project and, because of its unique phosphate mineralisation, has exposure to two markets within the new electric revolution - magnets and batteries.

2023 drilling was all about improving the definition of the resource in the near surface, early mine pit shell which is feeding into the new production schedules and ROM profiles which builds improved economic modelling. This update shows strong consistency with the previous resource estimate whilst helping us build detail where necessary.