Australian Rare Earths Limited is an Australia-based mineral exploration and development...Australian Rare Earths Limited is an Australia-based mineral exploration and development company. The Company is engaged in the exploration and development of its 100% owned, flagship Koppamurra Project, located in the new Koppamurra rare earths Province in southeastern South Australia and western Victoria. Koppamurra is a prospective ionic clay hosted rare earth deposit, rich in all the elements required in the manufacture of rare earth permanent magnets which are essential components in electric vehicles, wind turbines and domestic appliances. In addition, it is reviewing other potential prospective areas which may also host uranium and ionic clay hosted rare earth deposits throughout Australia. Its uranium projects include Overland Uranium Project, Triggs Bore and Hamilton Creek. The Overland Uranium Project is located in South Australia, comprises exploration licenses, including EL 7001, EL 7003 and EL 7005. Triggs Bore prospect spans about 250 square kilometers.More