Round Top Rare Earth Mining and Processing Project

under development

The Round Top project in Sierra Blanca, Texas, is focused on mining and processing high-value heavy rare earths and critical minerals. The project includes an Accelerated Mining Plan targeting commissioning of commercial production by late 2028, two years earlier than previously anticipated. Engineering, procurement, and construction management partners Fluor Corporation and WSP Global Inc. have been selected to advance the project, including the preparation of Preliminary and Definitive Feasibility Studies. The project aims to establish a leading rare earth value chain from mining to magnet manufacturing.