Australian Rare Earths Ltd

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. 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. Its Queensland rare earth exploration portfolio comprises the Dalrymple Prospect, over 1,200 square kilometers (Km2) and the Kennedy Province, approximately 1,100 km2.