Kennedy Rare Earth Elements Project

planned

The Kennedy rare earth elements project involves the potential development of a heap leach processing route to extract valuable magnetic rare earth elements and other critical rare earth elements. The project has an inferred mineral resource estimate of 150 million tonnes at 1000ppm TREO, containing high-value magnetic rare earth oxides essential for manufacturing permanent rare earth magnets used in electric vehicles, wind turbines, and renewable energy applications. The resource sits in unconsolidated clay-rich gravels from surface with no overburden and is well-located near existing infrastructure including transportation, power supply, and bulk port facilities.