Australian Rare Earths Limited

Listed on Australian Securities Exchange (ASX)

Developer of the Koppamurra ionic clay rare earths project in South Australia and Victoria.

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Market Cap$16.48M

Enterprise Value$15.28M

Cash$1.51M

Debt$316.72K

Listed OnAustralian Securities Exchange (ASX)

Shares Outstanding255.54M

Reporting DateJul 31, 2026

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Latest Coverage

Aug 1, 2026

Koppamurra’s 99% IRR Rests on Heap-Leach Hydraulics

Australian Rare Earths’ PFS assigns Koppamurra a 99% post-tax IRR and A$858 million NPV, but those economics depend on pilot work proving permeability, reagent consumption, water balance and product quality in agglomerated ionic clay.