Highlights
RareX acquires E38/3455 known as the Weld North Project
Located 84km directly north of Lynas Corporation’s Mt Weld rare earths mine in WA
Lynas recently selected Kalgoorlie as the location to build its new $500m cracking and leaching plant for processing rare earth material from its Mt Weld mine
Weld North located approximately 350km from Kalgoorlie
Acquisition complements RareX’s flagship Cummins Range Project also located in WA
Evaluation underway on prospective areas of the overall tenement package