Ann: Latest Testwork Affirms Low Capex for Koppamurra, page-2

Great recoveries of Nd Pr and, importantly for project economics, Dy Tb!

This progressive heap leach strategy is clearly going to be a winner. It improves the clay's handling qualities in line with quick, efficient, and sustainable restoration of the land following mining to restore it to its original purpose. Reducing the project's startup and ongoing operational expenses, including lower water and power usage, puts this projects on track to be highly profitable.

It is my understanding that 'true' ionic clay-hosted rare earths which account for only 1% of the China’s total resources yet supports up to 35% of its massive production capabilities just goes to show the importance of this style of resource for global supply from sovereign-trusted countries like Australia. Rare earths is a low-parts-per-million numbers game so, if you can have a high percentage of all four of the key magnet elements, not just Praseodymium and Neodymium that hard rock projects need to favour to be profitable but retain the higher value Terbium and Dysprosium oxides makes Koopamurra an entirely different beast altogether.

Being located in the safe jurisdiction of South Australia which has high Environmental Social Governance (ESG) credentials, makes AR3 highly attractive for stability of supply in this new age-industrial world that is upon us.

All IMO, DYOR, GLTA(patient)H