Half Year Financial Report

**Summary for Investors:**

RareX Limited has presented its interim consolidated financial statements for the half year ended 31 December 2024. The total loss for the period was $2,025,220, with total expenses amounting to $2,968,213. Unrestricted cash and cash equivalents as at 31 December 2024 were $1,088,578. The Company has focused on de-risking its existing portfolio and expanding through M&A activities during the period.

The Company's subsidiaries include Cummins Range Pty Ltd, Geoinformatics Exploration Tasmania Pty Ltd, Leogang Austria Pty Ltd, and Great Northern Hydrogen Pty Ltd. RareX is engaged in mineral exploration and development activities in various projects in Western Australia, New South Wales, and Austria.

Future funding needs are crucial for RareX's operations. The Directors believe in the Company's ability to raise necessary funds through disposals, equity, or debt issuances. The Company's ability to continue as a going concern is subject to the successful raising of funds and the exploitation of its tenements.

Investors are invited to inquire about the Company's financial performance, strategic initiatives, and future prospects based on this report. For further details, visit the Company's website at www.rarex.com.au or contact (08) 6383 6593 for more information.