RareX Board Restructure
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RareX Board Restructure
TLDR: RareX Limited announces a board restructure reflecting a streamlined corporate structure and near term focus on the Khaleesi Niobium-Rare Earths Project in Western Australia.
James Durrant is promoted to Managing Director, with two non-executive directors resigning. The changes align with the company's strategic direction and aim to reduce overheads. The board restructure aims to enhance agility as exploration activities accelerate.
Shareholder approval is sought for executive and non-executive director option issues. RareX maintains focus on rare earths and niobium, with ongoing projects and investments in complementary companies. Investors can engage through the RareX investor hub for more information or questions.
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