Investors, RareX Limited (ASX: REE) is excited to share significant developments regarding the Cummins Range project. Recent findings have revealed exceptional scandium values, with highlights including values up to 2,330g/t Sc2O3. Notably, recent export controls imposed by China on scandium and heavy rare earths further underscore the critical nature of this mineral in global supply chains. Scandium's importance is recognized by key countries like the US, Canada, and Australia due to its applications in aerospace, energy, and electronics.

As a leader in this space, RareX is strategically positioned to capitalize on the growing demand for critical metals. Cummins Range is emerging as a key player in the multi-critical element market, offering a secure and substantial source of essential minerals in an evolving geopolitical landscape. With supply chain derisking and geopolitical shifts affecting global trade, RareX remains committed to driving innovation and value creation in the critical metals sector.

We encourage investors to engage with us at the RareX investor hub to learn more about our latest advancements and to explore the opportunities presented by our projects. Please feel free to reach out with any questions or inquiries regarding this announcement. Your continued support and interest in RareX are greatly appreciated as we continue to strive for excellence in the rare earths and critical metals industry.