Longonjo Rare-Earth Project Drilling and Testing Programme

planned

A new drilling and metallurgical testwork programme at the Longonjo rare-earth project in Angola aiming to increase the Mineral Resource Estimate from 313 million tonnes to over one billion tonnes. The programme includes a 25,000-metre vertical core drilling to expand the JORC-compliant resource at a similar grade. The project benefits from major transport and energy infrastructure investments along the Lobito Corridor, facilitating scaling production for US and allied markets.