RareX Limited

Listed on Australian Securities Exchange (ASX)

Australian rare earths developer advancing the Cummins Range rare earths and phosphate project.

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Market Cap$11.05M

Enterprise Value$9.99M

Cash$1.06M

Debt--

Listed OnAustralian Securities Exchange (ASX)

Shares Outstanding1.21B

Reporting DateJul 15, 2026

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Latest Coverage

Sep 9, 2026

RareX’s Mrima Hill Bid Gets U.S. Policy Tailwind, Not a Licence

RareX’s Mrima Hill bid has gained strategic momentum after the U.S. pledged support for Kenyan critical-minerals processing. The RareX-Iluka consortium is in the final tender stages and offers an allied mine-to-separated-oxide route, but no licence or U.S. financing has been awarded and local processing, community consent and tenure remain the decisive tests.