Deep Leads Rare Earths Project

under development

The Deep Leads project in Tasmania is a rare earths mining development focusing on ionic adsorption clay deposits with exceptional concentrations of heavy rare earth elements dysprosium and terbium. The project features a 6.5-kilometre continuous mineralised channel with shallow, laterally extensive mineralisation enabling low-cost open-pit extraction. Advanced processing technologies using benign leaching processes achieve high recovery rates with minimal environmental impact. The project aims to provide a critical supply of heavy rare earths to reduce Western dependence on Chinese-controlled supply chains, targeting commercial production commencement in 2028-2029.