OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ARR ASX

American Rare Earths Limited

Scoping Study Developer · Rare Earths · United States Rating locked: sign in to view v8 · arr-20261010t090344-full
Last 2026-11-06
A$0.305
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$177.7M
EV
A$159.2M
Cash
A$18.5M
Debt
A$0
1 newer ASX announcement not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory91 documents
ARR ASX ordinary-share daily close, 9 October 2026Market Data · MediumExtracted

Eligible local reference-price helper returns raw close A$0.33 and volume 118,931 for 9 October 2026, same ASX ordinary security. Timestamp normalizes a date-only daily bar and is not a claimed intraday publication time. One-day volume is not a twenty-day liquidity measure.

Document ID
market-20261009-arr
Published UTC
2026-10-09T00:00:00Z
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RBA daily exchange rate, 9 October 2026Market Data · MediumExtracted

Official latest daily table directly reports USD0.6979 per AUD on9 October2026. Published timestamps normalize the observation date to local midnight because an exact release time is unavailable. Local fx_rates collection-stamped0.6941 has no observation date and repeats an older value, so it is not treated as a fresh observation.

Document ID
market-20261009-rba-fx
Published UTC
2026-10-08T13:00:00Z
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—
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CSM Study Strengthens Foundation for U.S. REE Supply — full September 2026 Scoping StudyStudy · HighPartial

The September 2026 Scoping Study explicitly replaces the 2025 study. CSM base case: after-tax NPV10 US$764m, NPV8 US$1,073m, IRR 20.7%, initial capital US$900.8m, 26 years at 4.5 Mtpa, and NdPr 2,495.9 t/yr at US$151/kg Western CIF. The base case excludes 45X. Preliminary Class 4–5 estimates include unestimated capital exclusions. Water rights remain unsecured; no reserves, binding offtake or committed EXIM financing exist. Partial review covers the decision-relevant release, economics, mine schedules, resource, tenure and technical readiness chapters. Core tables also checked visually. Unreviewed assay, geology, duplicate JORC and certificate pages do not feed extracted valuation metrics.

Document ID
arr-20260930-scoping
Published UTC
2026-09-30T00:15:24.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
2026 Annual ReportResults · HighExtracted

Current audited annual: A$18.551 m total cash/A$18.498 m unrestricted, no interest-bearing borrowing, lease A$25,674; 582.608 m ordinary shares and 41.75 m options. Updated scoping study and PFS work continue; annual resource table resolves La Paz elemental/oxide quantities. Pilot separated-oxide target late Q 2 2027; WEA grant conditional and Novex Mo U non-binding. Same four projects retained 100%. See full-study specialist for current study feed classification. Audited current payables A$4,120,222 and provisions A$47,793 are deducted from equity once; the prospective reserve does not fund already-incurred project invoices. Pilot RCC commitment A$535,895 is separate and unrecognized as liability; no related grant receivable is recognized. Additional visual checks of prepared text-mode core pages: 24, 28, 44, 45, 47, 52, 54, 55, 57, 58, 61, 66, 68, 70, 71, 79, 82. Canonical cache mode remains text for those pages.

Document ID
arr-20260930-annual
Published UTC
2026-09-30T05:33:00+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
American Rare Earths Appoints Dr. Sanja Miskovic as Chief Technical AdvisorLeadership · MediumExtracted

Original ASX appointment release reviewed as two required rendered image pages. Sanja Miskovic appointed Chief Technical Advisor effective immediately; concurrent Novex CTO role is disclosed. First-session timing uses exact ASX publication metadata, preceding the later syndicated issuer copy.

Document ID
arr-20260910-technical-adviser
Published UTC
2026-09-09T23:59:38.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Investor PresentationPresentation · MediumExtracted

August 2026 investor deck: phased pilot/PFS/permit roadmap,currentleadershipand 4.5 Mtpa developmentconcept. End 2026 PFS/permit submissiontargets remain at risk in light of September annual ongoing work. NASDAQ ambition is conditional, not scheduled transaction. Additional visual checks of prepared text-mode core pages: 7, 15. Canonical cache mode remains text for those pages.

Document ID
arr-20260831-presentation
Published UTC
2026-08-31T00:04:04+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Notification of cessation of securities - ARRFinancing · MediumExtracted

1.5 m A$0.22 options expired 17 August 2026; basic shares remain 582,607,799. Prepared PDF SHA differs from manifest entry; actual cache SHA is preserved. Additional visual checks of prepared text-mode core pages: 4. Canonical cache mode remains text for those pages.

Document ID
arr-20260819-securities-ceased
Published UTC
2026-08-19T07:01:24+00:00
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—
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Application for quotation of securities - ARRFinancing · MediumExtracted

Appendix 2 A option exercises issued 1,500,000 ordinary shares, inferred cash proceeds A$330,000.00; post-quotation basic shares 582,607,799. Exact series reviewed; exercises reduce options rather than new free-standing dilution assumption. Additional visual checks of prepared text-mode core pages: 7. Canonical cache mode remains text for those pages.

Document ID
arr-20260804-quotation
Published UTC
2026-08-04T05:14:44+00:00
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Quarterly Activities/Appendix 5B Cash Flow ReportResults · HighExtracted

Quarter ended 2026-06-30: total cash A$18.551 m; operating cash flow-0.999 m, investing-6.849 m and dictionary net burn 7.848 m. Company reported funding 2.33 quarters uses relevant-outgoings definition. No undrawn facilities; sharecount not disclosed. Exploration/development activity without commercial production. Additional visual checks of prepared text-mode core pages: 11, 12, 13, 14. Canonical cache mode remains text for those pages.

Document ID
arr-20260731-quarterly
Published UTC
2026-07-31T00:11:14+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Application for quotation of securities - ARRFinancing · MediumExtracted

Appendix 2 A option exercises issued 239,840 ordinary shares, inferred cash proceeds A$71,952.00; post-quotation basic shares 581,107,799. Exact series reviewed; exercises reduce options rather than new free-standing dilution assumption. Additional visual checks of prepared text-mode core pages: 7. Canonical cache mode remains text for those pages.

Document ID
arr-20260702-quotation
Published UTC
2026-07-02T03:42:00+00:00
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Application for quotation of securities - ARRFinancing · MediumExtracted

Appendix 2 A option exercises issued 925,000 ordinary shares, inferred cash proceeds A$237,500.00; post-quotation basic shares 580,867,959. Exact series reviewed; exercises reduce options rather than new free-standing dilution assumption. Additional visual checks of prepared text-mode core pages: 8. Canonical cache mode remains text for those pages.

Document ID
arr-20260601-quotation
Published UTC
2026-06-01T04:52:34+00:00
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—
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Application for quotation of securities - ARRFinancing · MediumExtracted

Appendix 2 A option exercises issued 2,887,439 ordinary shares, inferred cash proceeds A$786,231.70; post-quotation basic shares 579,942,959. Exact series reviewed; exercises reduce options rather than new free-standing dilution assumption. Additional visual checks of prepared text-mode core pages: 10. Canonical cache mode remains text for those pages.

Document ID
arr-20260527-quotation
Published UTC
2026-05-27T07:44:41+00:00
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ARR Commences 2026 Drilling To Underpin Feasibility StudyOperations · HighExtracted

Halleck Creek infill drilling commenced with 19 planned holes/~3,050 m. This is planned drilling, not reported actualmetres; supports geological confidence and future studies.

Document ID
arr-20260527-drilling
Published UTC
2026-05-26T23:50:03+00:00
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportResults · HighExtracted

Quarter ended 2026-03-31: total cash A$24.798 m; operating cash flow-0.641 m, investing 1.197 m and dictionary net burn-0.556 m. Company reported funding 11.72 quarters uses relevant-outgoings definition. No undrawn facilities; sharecount not disclosed. Exploration/development activity without commercial production. Additional visual checks of prepared text-mode core pages: 11, 12, 13, 14. Canonical cache mode remains text for those pages.

Document ID
arr-20260424-quarterly
Published UTC
2026-04-23T23:40:31+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Sten Gustafson acquired 180 ADRs on 24 March 2026;afterholding 1,305 ADRs. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20260326-director-interest
Published UTC
2026-03-26T03:54:35+00:00
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Sten Gustafson acquired 260 ADRs on 19 March 2026;afterholding 1,125 ADRs. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20260320-director-interest
Published UTC
2026-03-20T01:56:21+00:00
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—
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—
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Half Yearly Report and AccountsResults · HighExtracted

December 2025 reviewed half-year balance sheet and financial flows; cash A$23.979 m,ordinary shares 573.608 m,lease 109,757,bookequity 48.204 m. NPAT follows income statement-3.065 m; equity movement label includes reserve cancellation and is not selected as NPAT. Resource table restates whole Halleck. Additional visual checks of prepared text-mode core pages: 13, 15, 16, 18. Canonical cache mode remains text for those pages.

Document ID
arr-20260309-halfyear
Published UTC
2026-03-09T00:49:16+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Sten Gustafson acquired 220 ADRs on 27 February 2026;afterholding 865 ADRs. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20260302-director-interest
Published UTC
2026-03-02T05:48:28+00:00
Projects
—
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Richard Hudson acquired 100,000 ordinary shares;afterholding 500,000. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20260224-director-interest
Published UTC
2026-02-24T03:18:32+00:00
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—
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Investor PresentationPresentation · MediumExtracted

February 2026 investor presentation recaps large Halleckresource,developmentconcept,PFSandpilot roadmap. Leadership roles partly superseded by Augustdeck/annual; CTOformeremployment language in annual prevents carrying old CTO role forward.

Document ID
arr-20260212-presentation
Published UTC
2026-02-11T23:04:44+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportResults · HighExtracted

Quarter ended 2025-12-31: total cash A$23.98 m; operating cash flow-1.291 m, investing-1.393 m and dictionary net burn 2.684 m. Company reported funding 8.93 quarters uses relevant-outgoings definition. No undrawn facilities; sharecount not disclosed. Exploration/development activity without commercial production. Additional visual checks of prepared text-mode core pages: 9, 10, 11, 12. Canonical cache mode remains text for those pages.

Document ID
arr-20260128-quarterly
Published UTC
2026-01-27T22:09:22+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Notice of ceasing to be a substantial holder from ARRGovernance · LowExtracted

ARR ceased as substantial holder of Godolphin on 8 January 2026; cessation itself does not establishzero remainingholding. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20260113-substantial
Published UTC
2026-01-13T09:18:30+00:00
Projects
—
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—
Open original source ↗
Bell Potter ARR initiation of coverage, Regan BurrowsOther · MediumPartial

Dated partial web-reference counterargument: domestic supply demand, scalable mine concept and pilot de-risking supported the optimistic thesis. Current capital and recovery updates supersede its older economics. The research discloses fees from the July 2025 placement. Retained download returned HTTP403; only reviewed portions are represented. Timestamp normalizes the date printed in the PDF; intraday publication time unavailable.

Document ID
arr-20251217-bell-potter
Published UTC
2025-12-17T00:00:00Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Change of Director's Interest Notice_68ef74aa183f7285Governance · LowExtracted

Brian Arkell received 250,000 options at A$0.4818 expiring 30 November 2028,issued 12 December 2025. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20251215-director-interest
Published UTC
2025-12-14T22:27:43+00:00
Projects
—
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Richard Hudson 2,000,000 A$0.40 options expired 5 December 2025. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20251210-director-interest
Published UTC
2025-12-10T06:13:18+00:00
Projects
—
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Mineral Resource Estimate Update and Drilling PermitsResource Update · HighExtracted

October 2025 Cowboy State resource subset totals 547,470,344 t@3,344 ppm TREO with 391,378,955 t Indicated. This overlaps whole Halleckandisnot additive.18 surface channels average 5,471 ppm/max 13,816 ppm are selected exploration results, not bulk resourcegrade.27 CSM/29 Bluegrass drilllocationpermits; resources not reserves. Additional visual checks of prepared text-mode core pages: 2, 7, 31. Canonical cache mode remains text for those pages.

Document ID
arr-20251119-resource-update
Published UTC
2025-11-18T22:56:57+00:00
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Change of Director's Interest Notice_b61b4ab5c14de344Governance · LowExtracted

Brian Arkell acquired 25,000 ordinary shares on 4 November 2025 for US$7,500. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20251105-director-interest
Published UTC
2025-11-05T04:54:17+00:00
Projects
—
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Board ChangesLeadership · MediumExtracted

Jason Beckton replaces Hugh Keller as non-executive director effective 28 October 2025; noexecutiveemploymentinferred.

Document ID
arr-20251028-board-changes
Published UTC
2025-10-28T01:37:25+00:00
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—
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Open original source ↗
Change in substantial holding_7f898a8da5242ad5Governance · LowExtracted

FIL Limited substantial holding 44,748,881 ordinary shares/7.84%. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20251020-substantial
Published UTC
2025-10-20T07:46:40+00:00
Projects
—
Commodities
—
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportResults · HighExtracted

Quarter ended 2025-09-30: total cash A$21.211 m; operating cash flow-1.432 m, investing-2.262 m and dictionary net burn 3.694 m. Company reported funding 5.74 quarters uses relevant-outgoings definition. No undrawn facilities; sharecount not disclosed. Exploration/development activity without commercial production. Additional visual checks of prepared text-mode core pages: 9, 10, 11, 12. Canonical cache mode remains text for those pages.

Document ID
arr-20251017-quarterly
Published UTC
2025-10-16T23:18:12+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Change in Substantial Shareholder from ARRGovernance · LowExtracted

ARR Godolphin holding 84,922,311 ordinary shares/12.20%; voting power declined through dilution. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20251013-substantial
Published UTC
2025-10-13T07:37:33+00:00
Projects
—
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—
Open original source ↗
Annual Report to shareholdersResults · HighExtracted

FY 2025 audited financial baseline and earlier development roadmap; 507.423 m shares,57.5 moptions at June 30. Narrative La Paz 170.6 Mt conflicts with outdated 128.2 Mt table; current FY 2026 annual table is selected. Prior 2025 scoping NPV 10 US$558 m/IRR 24% is superseded by 2026 study. Additional visual checks of prepared text-mode core pages: 23, 36, 37, 39, 42, 45, 48, 49, 50. Canonical cache mode remains text for those pages.

Document ID
arr-20250922-annual
Published UTC
2025-09-22T01:26:54+00:00
Projects
halleck_creek · la_paz · beaver_creek · searchlight
Commodities
rare_earths
Open original source ↗
Change in Substantial Shareholder from ARRGovernance · LowExtracted

ARR Godolphin holding 84,922,311 ordinary shares/15.24%. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250904-substantial
Published UTC
2025-09-04T05:42:41+00:00
Projects
—
Commodities
—
Open original source ↗
Change in substantial holding_c649de98c6707449Governance · LowExtracted

Bank of New York Mellon depositary qualified disposalinterest 41,139,500 shares/7.32%; depositary is not necessarily beneficialowner. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250820-substantial
Published UTC
2025-08-19T22:13:02+00:00
Projects
—
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—
Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Sten Gustafson acquired 645 ADRs on 13 August 2025 for US$7,953. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250815-director-interest
Published UTC
2025-08-15T05:55:00+00:00
Projects
—
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Open original source ↗
Change in substantial holdingGovernance · LowExtracted

Hill Family Group holding 53,520,000 ordinary shares/9.55% based 560,298,299 shares. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250812-substantial
Published UTC
2025-08-12T03:22:26+00:00
Projects
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Open original source ↗
Final Director's Interest NoticeGovernance · LowExtracted

Chris Gibbs ceased as director 31 July 2025;final interestnotice. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250804-director-interest
Published UTC
2025-08-03T22:40:11+00:00
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Open original source ↗
Advances Halleck Creek Demonstration Plant-$15 placementFinancing · HighExtracted

A$15 mplacement@A$0.32(~46.9 mshares;exact 46.875 mbydivision)18.8%discountto 10-day VWAP;2%management+4%raisingfee. Useofproceedsdemonstrationplant,infilldrilling,engineering;leadership Chris Gibbsexitandinterim USJoe Eversroleslater superseded.

Document ID
arr-20250724-placement
Published UTC
2025-07-23T23:45:21+00:00
Projects
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—
Open original source ↗
Change in substantial holding_cc56bbb2e760f2beGovernance · LowExtracted

Bank of New York Mellon depositary qualified disposalinterest 31,552,000 shares/6.22%; depositary status does not establishstrategicbeneficialownership. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250603-substantial
Published UTC
2025-06-02T22:23:05+00:00
Projects
—
Commodities
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Open original source ↗
Change in substantial holdingGovernance · LowExtracted

FIL Limited holding 45,355,311 ordinary shares/8.94%. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250521-substantial
Published UTC
2025-05-21T06:46:35+00:00
Projects
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Commodities
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Richard Hudson acquired 100,000 shares inferred from 300,000 to 400,000 holding; acquiredline has 100,0000 typo. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250519-director-interest
Published UTC
2025-05-18T23:28:40+00:00
Projects
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Open original source ↗
Appointment of Non-Executive Director and CFO_37fd18769efba1b6Leadership · MediumExtracted

Megan Mc Pherson appointed CFO effective 5 May 2025, Brian Arkell appointed US-based NED. Current annual/presentation continue Megan CFO role; directorrolekeptdistinct.

Document ID
arr-20250502-leadership
Published UTC
2025-05-02T01:35:42+00:00
Projects
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowExtracted

Hugh Keller acquired 70,000 ordinary shares; afterholding 130,000. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250424-director-interest
Published UTC
2025-04-23T23:22:48+00:00
Projects
—
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Open original source ↗
Full Updated Scoping StudyStudy · HighPartial

The March 2025 re-release adds the full report and funding/production cautions to February 2025 economics. Superseded by the September 2026 study. Preserved 3 Mtpa, 20-year base: NPV10 US$558.010632m, NPV8 US$732.923202m, IRR 24%, capex US$456.082054m, NdPr 1,833 t/yr at US$91/kg, and embedded 10% eligible 45X credit. Global resource 2.626501234 Bt at 3,292 ppm TREO. Partial review covers the release, JORC disclosures and decision-relevant full-study chapters; economic, resource and production tables checked visually. Remaining detailed analytical appendices were not read in full.

Document ID
arr-20250307-scoping-full
Published UTC
2025-03-06T22:21:01Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Updated Scoping Study - Halleck CreekStudy · HighPartial

Original February 2025 updated scoping release. The material summary and economics were checked; the March 2025 full report adds underlying details. Superseded by the September 2026 study. Partial review covers release pages 1–8 and 10–11; appended technical table pages 12–63 were not independently reviewed in this copy. No complete-document duplicate claim because the March document contains additional material.

Document ID
arr-20250224-scoping
Published UTC
2025-02-23T22:39:50Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Shareholder Update_5f7efcfd0b383c4aOperations · MediumExtracted

January 2025 shareholder update restates prior 2.34 bntwhole Halleckresource and 2024 scoping/development plan. Resource table is superseded by February 2025 estimate/currentannual. Additional visual checks of prepared text-mode core pages: 5. Canonical cache mode remains text for those pages.

Document ID
arr-20250123-shareholder-update
Published UTC
2025-01-22T22:21:26+00:00
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Appendix 3Y x 4Governance · LowExtracted

January Appendix 3 Y notices record Hudson 1 m, Gibbs 2 m, Sanderson 1 m and Keller 1 m options issued 27 December 2024 at A$0.3274,expiry 30 November 2027. Original primary notice read in full; governance context is distinct from the current executive roster and investment register.

Document ID
arr-20250106-director-interest
Published UTC
2025-01-06T04:47:50+00:00
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Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241227-6f3a3747
Published UTC
2024-12-27T09:19:34.000Z
Projects
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Commodities
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Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241216-855755b7
Published UTC
2024-12-15T21:30:09.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241209-aca881c9
Published UTC
2024-12-09T07:44:23.000Z
Projects
—
Commodities
—
Open original source ↗
Change in Substantial Shareholder from ARRTransaction · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward. Additional visual checks of prepared text-mode core pages: 1, 2. Canonical cache mode remains text for those pages.

Document ID
arr-20241209-godolphin-holding
Published UTC
2024-12-09T08:53:18.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Change of Director's Interest Notice_a4467a96f2b7afbeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20241202-55952f9e
Published UTC
2024-12-01T13:00:00Z
Projects
—
Commodities
—
Becoming a substantial holder - AmendedGovernance · LowPartial

Initial substantial-holder notice and amendment cover (physical pages 1-6) read; Annexure D is a generic July 2023 ADR deposit agreement, not a mine ownership, JV, royalty or offtake agreement. Physical pages 7-47 not used for valuation.

Document ID
arr-20241202-bny-adr-depositary-amended
Published UTC
2024-12-01T21:17:09.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Becoming a substantial holder_1066d9f709879b99Governance · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown. Additional visual checks of prepared text-mode core pages: 1, 2, 3, 4, 5. Canonical cache mode remains text for those pages.

Document ID
arr-20241129-bny-adr-depositary
Published UTC
2024-11-28T13:00:00Z
Projects
—
Commodities
rare_earths
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241127-fc043e93
Published UTC
2024-11-26T21:14:11.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest Notice_5f675b6a779cac82Governance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20241126-773a32ff
Published UTC
2024-11-25T13:00:00Z
Projects
—
Commodities
—
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241115-16a056e2
Published UTC
2024-11-14T21:39:50.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest Notice_76b653f3e972d613Governance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20241106-3b5445a0
Published UTC
2024-11-05T13:00:00Z
Projects
—
Commodities
—
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20241105-2e832577
Published UTC
2024-11-04T22:06:49.000Z
Projects
—
Commodities
—
Open original source ↗
Change in substantial holding from ARR_01776bc546024ec3Transaction · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown. Additional visual checks of prepared text-mode core pages: 1, 2. Canonical cache mode remains text for those pages.

Document ID
arr-20241008-godolphin-holding
Published UTC
2024-10-07T13:00:00Z
Projects
—
Commodities
rare_earths
Director Appointment/ResignationLeadership · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections.

Document ID
arr-20241002-hill-keller-board
Published UTC
2024-10-01T23:02:12.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Replacement 2024 Annual ReportResults · HighExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Additional visual checks of prepared text-mode core pages: 25, 27, 37, 38, 39, 50, 51, 52, 57, 59, 67, 68. Canonical cache mode remains text for those pages.

Document ID
arr-20241001-annual-report-replacement
Published UTC
2024-10-01T08:18:18.000Z
Projects
halleck_creek · la_paz
Commodities
rare_earths
Open original source ↗
Annual Report to shareholdersResults · LowMetadata Only

Superseded version: 1 October 2024 replacement annual report supplies omitted Note 14 content. Replacement fully read; this duplicate release is retained for inventory only and contributes no facts.

Document ID
arr-20240927-a5c0dcca
Published UTC
2024-09-27T08:14:38.000Z
Projects
halleck_creek · la_paz
Commodities
—
Open original source ↗
Director Resignation / Final Director’s Interest NoticeLeadership · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections.

Document ID
arr-20240830-mansanti-resignation
Published UTC
2024-08-30T06:12:19.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Resignation of DirectorLeadership · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections.

Document ID
arr-20240701-zink-resignation
Published UTC
2024-07-01T00:52:44.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Resignation of Director_a37439785015be35Leadership · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20240621-traub-resignation
Published UTC
2024-06-20T14:00:00Z
Projects
—
Commodities
rare_earths
Change in Substantial Holding from ARRTransaction · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. No native-text fingerprint exists for the scanned form; extraction fingerprint is SHA256(source PDF SHA256 + v8-visual-inspection + viewed physical-page numbers). Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward.

Document ID
arr-20240614-godolphin-holding
Published UTC
2024-06-14T06:47:30.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20240510-12e0075a
Published UTC
2024-05-09T23:33:53.000Z
Projects
—
Commodities
—
Open original source ↗
Change in substantial holding from ARRTransaction · LowExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. No native-text fingerprint exists for the scanned form; extraction fingerprint is SHA256(source PDF SHA256 + v8-visual-inspection + viewed physical-page numbers). Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward.

Document ID
arr-20240509-godolphin-holding
Published UTC
2024-05-08T23:15:11.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20240503-4f1ba5b5
Published UTC
2024-05-02T23:53:08.000Z
Projects
—
Commodities
—
Open original source ↗
Scoping Study PresentationPresentation · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Additional visual checks of prepared text-mode core pages: 13, 15, 23. Canonical cache mode remains text for those pages.

Document ID
arr-20240319-scoping-presentation
Published UTC
2024-03-18T21:48:30.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Scoping Study, low-cost, scalable world-class REE ProjectStudy · HighExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Additional visual checks of prepared text-mode core pages: 3, 9, 11, 30, 43, 50. Canonical cache mode remains text for those pages.

Document ID
arr-20240318-scoping
Published UTC
2024-03-17T22:19:19.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
A$13.5m Placement to advance Halleck Creek ProjectFinancing · HighExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections.

Document ID
arr-20240223-placement
Published UTC
2024-02-22T22:13:42.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Resource Estimate Increased by 64% - Halleck CreekResource Update · HighExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Additional visual checks of prepared text-mode core pages: 2. Canonical cache mode remains text for those pages.

Document ID
arr-20240207-halleck-resource
Published UTC
2024-02-06T21:48:02.000Z
Projects
halleck_creek
Commodities
rare_earths
Open original source ↗
Change in substantial holding from ARRTransaction · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. No native-text fingerprint exists for the scanned form; extraction fingerprint is SHA256(source PDF SHA256 + v8-visual-inspection + viewed physical-page numbers). Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward.

Document ID
arr-20231128-godolphin-holding
Published UTC
2023-11-28T05:31:49.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Final Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20231120-41d4e45d
Published UTC
2023-11-20T04:35:57.000Z
Projects
—
Commodities
—
Open original source ↗
Annual Report to shareholders_54d6153edeb9c029Results · HighExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown. Additional visual checks of prepared text-mode core pages: 27, 32, 37, 38, 39, 40, 50, 51, 55, 56. Canonical cache mode remains text for those pages.

Document ID
arr-20230927-annual-report
Published UTC
2023-09-26T14:00:00Z
Projects
halleck_creek · la_paz
Commodities
rare_earths
Completion of Entitlement Offer Raising $1.422 MTransaction · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections.

Document ID
arr-20230905-godolphin-entitlement
Published UTC
2023-09-04T23:23:34.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230905-e956c69c
Published UTC
2023-09-05T00:30:45.000Z
Projects
—
Commodities
—
Open original source ↗
Becoming a Substantial Holder from ARRTransaction · MediumExtracted

Historical source read through prepared V8 page cache; image-required pages and core input tables inspected. All facts are date-specific and are not current valuation selections. Historical GRL investment record; current holding must be reconciled from later annual disposals, not carried forward. Additional visual checks of prepared text-mode core pages: 2, 3. Canonical cache mode remains text for those pages.

Document ID
arr-20230904-godolphin-investment
Published UTC
2023-09-04T06:37:19.000Z
Projects
—
Commodities
rare_earths
Open original source ↗
Initial Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230823-632a4957
Published UTC
2023-08-23T07:13:52.000Z
Projects
—
Commodities
—
Open original source ↗
Initial Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230822-ccce4c97
Published UTC
2023-08-22T07:23:09.000Z
Projects
—
Commodities
—
Open original source ↗
Initial Director's Interest Notice_382fe1d14f7c0c96Governance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20230821-b0ed5084
Published UTC
2023-08-20T14:00:00Z
Projects
—
Commodities
—
Final Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230706-c788ef64
Published UTC
2023-07-06T07:24:28.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest Notice_008e932f0fc2ebbaGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20230703-4f00b8e8
Published UTC
2023-07-02T14:00:00Z
Projects
—
Commodities
—
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230627-11f53635
Published UTC
2023-06-26T23:12:52.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest Notice_31e0fc55e40c113dGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs. Intraday publication time unavailable: prepared source has no matching non-empty ASX document key. Required timestamps are date-only normalization of the printed publication date at Sydney midnight, not an observed release time. Excluded from price-chart display; effective date assumes a pre-open release because intraday timing is unknown.

Document ID
arr-20230619-07b0b4c1
Published UTC
2023-06-18T14:00:00Z
Projects
—
Commodities
—
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230601-d71323f2
Published UTC
2023-05-31T23:54:01.000Z
Projects
—
Commodities
—
Open original source ↗
Change of Director's Interest NoticeGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230525-436308cf
Published UTC
2023-05-25T01:12:30.000Z
Projects
—
Commodities
—
Open original source ↗
Response to Appendix 3Y QueryGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230125-3a31aefd
Published UTC
2023-01-25T05:55:07.000Z
Projects
—
Commodities
—
Open original source ↗
Appendix 3Y - HudsonGovernance · LowMetadata Only

Metadata-only disposition: routine historical director interest form; no current capital total, mine ownership, project economics or new economic agreement. Later audited annual capital structure and current security filings govern current inputs.

Document ID
arr-20230120-4b7d0148
Published UTC
2023-01-20T04:58:29.000Z
Projects
—
Commodities
—
Open original source ↗
Evidence facts599
arr-20260930-scoping.npv10After-tax NPV at 10% real discount rate

764000000 USD

2026-09-30
arr-20260930-scoping.npv8After-tax NPV at 8% real discount rate

1073000000 USD

2026-09-30
arr-20260930-scoping.irrAfter-tax internal rate of return

20.7 %

2026-09-30
arr-20260930-scoping.discount10Comparison discount rate selected for valuation anchor

10 %

2026-09-30
arr-20260930-scoping.discount8Study headline base discount rate

8 %

2026-09-30
arr-20260930-scoping.initial-capexInitial capital including 30% contingency

900800000 USD

2026-09-30
arr-20260930-scoping.lifeModeled mine-plan life

26 years

2026-09-30
arr-20260930-scoping.throughputBase ROM nameplate capacity

4500000 t/yr

2026-09-30
arr-20260930-scoping.study-typeCurrent development study type

Scoping Study text

2026-09-30
arr-20260930-scoping.study-dateCurrent study publication date

2026-09-30 date

2026-09-30
arr-20260930-scoping.ownershipIndirect ownership through Wyoming Rare

100 %

2026-09-30
arr-20260930-scoping.countryProject jurisdiction

US text

2026-09-30
arr-20260930-scoping.annual-ndprLOM average annual NdPr Oxide product production

2495.9 t/yr

2026-09-30
arr-20260930-scoping.recovery-ndprRecovery to NdPr Oxide saleable product

58.2 %

2026-09-30
arr-20260930-scoping.price-ndprStudy base NdPr Oxide product price — Western CIF

151.0 USD/kg

2026-09-30
arr-20260930-scoping.annual-segLOM average annual SEG Oxide product production

265.1 t/yr

2026-09-30
arr-20260930-scoping.recovery-segRecovery to SEG Oxide saleable product

25.8 %

2026-09-30
arr-20260930-scoping.price-segStudy base SEG Oxide product price — Western CIF

27.37 USD/kg

2026-09-30
arr-20260930-scoping.annual-tbLOM average annual Terbium Oxide product production

15.9 t/yr

2026-09-30
arr-20260930-scoping.recovery-tbRecovery to Terbium Oxide saleable product

28.7 %

2026-09-30
arr-20260930-scoping.price-tbStudy base Terbium Oxide product price — Western CIF

1975.2 USD/kg

2026-09-30
arr-20260930-scoping.annual-dyLOM average annual Dysprosium Oxide product production

31.7 t/yr

2026-09-30
arr-20260930-scoping.recovery-dyRecovery to Dysprosium Oxide saleable product

12.4 %

2026-09-30
arr-20260930-scoping.price-dyStudy base Dysprosium Oxide product price — Western CIF

533.8 USD/kg

2026-09-30
arr-20260930-scoping.capex-directDirect capital before contingency

692900000 USD

2026-09-30
arr-20260930-scoping.capex-contingencyInitial capital contingency

207900000 USD

2026-09-30
arr-20260930-scoping.closureFinal-year mine and refinery closure cost included in OPEX

55900000 USD

2026-09-30
arr-20260930-scoping.capital-draw-yminus3Initial capital draw Year -3

135100000 USD

2026-09-30
arr-20260930-scoping.capital-draw-yminus2Initial capital draw Year -2

315300000 USD

2026-09-30
arr-20260930-scoping.capital-draw-yminus1Initial capital draw Year -1

450400000 USD

2026-09-30
arr-20260930-scoping.opex-lomLOM operating cost including closure, excluding royalties/levies

4618000000 USD

2026-09-30
arr-20260930-scoping.opex-romLOM operating cost per tonne ROM processed; not metal C1/AISC

39.68 USD/t ROM

2026-09-30
arr-20260930-scoping.process-cost-romROM driven process operating cost

30.25 USD/t ROM

2026-09-30
arr-20260930-scoping.mining-unit-costMining cost per tonne total material moved

5.47 USD/t mined

2026-09-30
arr-20260930-scoping.royalties-leviesLOM royalties and levies

855300000 USD

2026-09-30
arr-20260930-scoping.royalty-stateLOM State of Wyoming gross revenue royalty

751800000 USD

2026-09-30
arr-20260930-scoping.royalty-ndpr-averageLOM average NdPr gross revenue royalty rate

6.92 %

2026-09-30
arr-20260930-scoping.royalty-other-rateOther product royalty rate

5 %

2026-09-30
arr-20260930-scoping.royalty-floorState royalty minimum per saleable tonne

0.5 USD/t saleable

2026-09-30
arr-20260930-scoping.federal-tax-rateAssumed federal corporate income tax rate

21 %

2026-09-30
arr-20260930-scoping.state-income-tax-rateAssumed Wyoming corporate income tax rate

0 %

2026-09-30
arr-20260930-scoping.depletion-ratePercentage depletion allowance

14 %

2026-09-30
arr-20260930-scoping.depletion-capDepletion allowance maximum share of net taxable income

50 %

2026-09-30
arr-20260930-scoping.federal-tax-lomLOM federal corporate income tax

736500000 USD

2026-09-30
arr-20260930-scoping.revenue-lomLife of project gross product revenue

11244800000 USD

2026-09-30
arr-20260930-scoping.revenue-ndpr-shareNdPr share of modeled gross product revenue

87.14 %

2026-09-30
arr-20260930-scoping.ore-mineLOM mineralized material mined

116400000 t

2026-09-30
arr-20260930-scoping.material-movementLOM total material movement including waste

135000000 t

2026-09-30
arr-20260930-scoping.waste-mineLOM waste mined

18700000 t

2026-09-30
arr-20260930-scoping.feed-treo-gradeLOM mineralized-material TREO head grade

4016 ppm

2026-09-30
arr-20260930-scoping.feed-ndpr-gradeLOM mineralized-material NdPr head grade

958 ppm

2026-09-30
arr-20260930-scoping.construction-periodModeled construction period

3 years

2026-09-30
arr-20260930-scoping.paybackAfter-tax payback from first capital expenditure

6.9 years

2026-09-30
arr-20260930-scoping.first-productionFirst mineralized material model year

2031 year

2026-09-30
arr-20260930-scoping.near-term-study-budgetRecommended next phase order-of-magnitude budget

7000000 USD

2026-09-30
arr-20260930-scoping.45x-excluded45X advanced manufacturing credit included in base case

False boolean

2026-09-30
arr-20260930-scoping.capex-exclusionsUnestimated initial-capital exclusions

Sustaining capital, indirect, EPCM, owners costs, working capital; next PFS stage text

2026-09-30
arr-20260930-scoping.cost-classCost accuracy classification

AACE Class 4 to 5; approximately ±30% to ±50% text

2026-09-30
arr-20260930-scoping.price-deck-basisProduct price basis

Adamas independent outlook; 2031–2040 average; Western CIF; held constant through modeled life text

2026-09-30
arr-20260930-scoping.no-offtakeBinding offtake agreements in place

False boolean

2026-09-30
arr-20260930-scoping.royalty-valuation-reviewState royalty point of valuation agreed

False boolean

2026-09-30
arr-20260930-scoping.funding-committedEXIM letter provides committed construction financing

False boolean

2026-09-30
arr-20260930-scoping.financing-processFormal project financing process commenced

False boolean

2026-09-30
arr-20260930-scoping.reserves-declaredOre Reserves declared

False boolean

2026-09-30
arr-20260930-scoping.water-securedProject water rights secured

False boolean

2026-09-30
arr-20260930-scoping.mine-applicationMine permit application filed

False boolean

2026-09-30
arr-20260930-scoping.pilot-confirmationContinuous pilot/demonstration metallurgical confirmation completed

False boolean

2026-09-30
arr-20260930-scoping.indicated-feed-shareProduction target drawn from Indicated Mineral Resources

100 %

2026-09-30
arr-20260930-scoping.inferred-feed-shareProduction target drawn from Inferred Mineral Resources

0 %

2026-09-30
arr-20260930-scoping.resource_tonnes-totalFull Halleck Creek total resource tonnes

2626501234 t

2025-02-04
arr-20260930-scoping.resource_grade-totalFull Halleck Creek total TREO grade

3292 ppm

2025-02-04
arr-20260930-scoping.resource_contained-totalFull Halleck Creek total contained TREO

8647066 t

2025-02-04
arr-20260930-scoping.resource_tonnes-measured_indicatedFull Halleck Creek measured_indicated resource tonnes

1479320439 t

2025-02-04
arr-20260930-scoping.resource_grade-measured_indicatedFull Halleck Creek measured_indicated TREO grade

3334 ppm

2025-02-04
arr-20260930-scoping.resource_contained-measured_indicatedFull Halleck Creek measured_indicated contained TREO

4931405 t

2025-02-04
arr-20260930-scoping.resource_tonnes-measuredFull Halleck Creek measured resource tonnes

206716068 t

2025-02-04
arr-20260930-scoping.resource_grade-measuredFull Halleck Creek measured TREO grade

3720 ppm

2025-02-04
arr-20260930-scoping.resource_contained-measuredFull Halleck Creek measured contained TREO

769018 t

2025-02-04
arr-20260930-scoping.resource_tonnes-indicatedFull Halleck Creek indicated resource tonnes

1272604372 t

2025-02-04
arr-20260930-scoping.resource_grade-indicatedFull Halleck Creek indicated TREO grade

3271 ppm

2025-02-04
arr-20260930-scoping.resource_contained-indicatedFull Halleck Creek indicated contained TREO

4162386 t

2025-02-04
arr-20260930-scoping.resource_tonnes-inferredFull Halleck Creek inferred resource tonnes

1147180795 t

2025-02-04
arr-20260930-scoping.resource_grade-inferredFull Halleck Creek inferred TREO grade

3239 ppm

2025-02-04
arr-20260930-scoping.resource_contained-inferredFull Halleck Creek inferred contained TREO

3715661 t

2025-02-04
arr-20260930-scoping.csm-indicated-tonnesCSM November 2025 supporting subarea indicated resource

391378955 t

2025-11-01
arr-20260930-scoping.csm-indicated-gradeCSM November 2025 supporting subarea indicated TREO grade

3295 ppm

2025-11-01
arr-20260930-scoping.csm-indicated-treoCSM November 2025 supporting subarea indicated contained TREO

1289893 t

2025-11-01
arr-20260930-scoping.csm-inferred-tonnesCSM November 2025 supporting subarea inferred resource

156091388 t

2025-11-01
arr-20260930-scoping.csm-inferred-gradeCSM November 2025 supporting subarea inferred TREO grade

3468 ppm

2025-11-01
arr-20260930-scoping.csm-inferred-treoCSM November 2025 supporting subarea inferred contained TREO

541325 t

2025-11-01
arr-20260930-scoping.csm-total-tonnesCSM supporting subarea total resource

547470344 t

2025-11-01
arr-20260930-scoping.csm-total-gradeCSM supporting subarea total resource TREO grade

3344 ppm

2025-11-01
arr-20260930-scoping.sensitivity-ndpr-price-minus30Single variable NdPr Price change -30%: after-tax NPV8

283000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-minus20Single variable NdPr Price change -20%: after-tax NPV8

545000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-minus10Single variable NdPr Price change -10%: after-tax NPV8

808000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-0Single variable NdPr Price change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-10Single variable NdPr Price change +10%: after-tax NPV8

1335000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-20Single variable NdPr Price change +20%: after-tax NPV8

1602000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-price-30Single variable NdPr Price change +30%: after-tax NPV8

1848000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-minus30Single variable NdPr Recovery change -30%: after-tax NPV8

283000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-minus20Single variable NdPr Recovery change -20%: after-tax NPV8

545000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-minus10Single variable NdPr Recovery change -10%: after-tax NPV8

808000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-0Single variable NdPr Recovery change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-10Single variable NdPr Recovery change +10%: after-tax NPV8

1335000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-20Single variable NdPr Recovery change +20%: after-tax NPV8

1602000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-ndpr-recovery-30Single variable NdPr Recovery change +30%: after-tax NPV8

1848000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-minus30Single variable Processing OpEx change -30%: after-tax NPV8

1397000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-minus20Single variable Processing OpEx change -20%: after-tax NPV8

1288000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-minus10Single variable Processing OpEx change -10%: after-tax NPV8

1180000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-0Single variable Processing OpEx change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-10Single variable Processing OpEx change +10%: after-tax NPV8

965000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-20Single variable Processing OpEx change +20%: after-tax NPV8

855000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-opex-30Single variable Processing OpEx change +30%: after-tax NPV8

745000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-minus30Single variable Processing CapEx change -30%: after-tax NPV8

1274000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-minus20Single variable Processing CapEx change -20%: after-tax NPV8

1206000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-minus10Single variable Processing CapEx change -10%: after-tax NPV8

1139000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-0Single variable Processing CapEx change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-10Single variable Processing CapEx change +10%: after-tax NPV8

1006000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-20Single variable Processing CapEx change +20%: after-tax NPV8

938000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-processing-capex-30Single variable Processing CapEx change +30%: after-tax NPV8

869000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-minus30Single variable Tb Price change -30%: after-tax NPV8

1002000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-minus20Single variable Tb Price change -20%: after-tax NPV8

1025000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-minus10Single variable Tb Price change -10%: after-tax NPV8

1049000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-0Single variable Tb Price change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-10Single variable Tb Price change +10%: after-tax NPV8

1096000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-20Single variable Tb Price change +20%: after-tax NPV8

1120000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-tb-price-30Single variable Tb Price change +30%: after-tax NPV8

1143000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-minus30Single variable Mining OpEx change -30%: after-tax NPV8

1130000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-minus20Single variable Mining OpEx change -20%: after-tax NPV8

1111000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-minus10Single variable Mining OpEx change -10%: after-tax NPV8

1092000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-0Single variable Mining OpEx change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-10Single variable Mining OpEx change +10%: after-tax NPV8

1053000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-20Single variable Mining OpEx change +20%: after-tax NPV8

1034000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-opex-30Single variable Mining OpEx change +30%: after-tax NPV8

1015000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-minus30Single variable Dy Price change -30%: after-tax NPV8

1035000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-minus20Single variable Dy Price change -20%: after-tax NPV8

1048000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-minus10Single variable Dy Price change -10%: after-tax NPV8

1060000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-0Single variable Dy Price change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-10Single variable Dy Price change +10%: after-tax NPV8

1085000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-20Single variable Dy Price change +20%: after-tax NPV8

1097000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-dy-price-30Single variable Dy Price change +30%: after-tax NPV8

1110000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-minus30Single variable SEG Price change -30%: after-tax NPV8

1057000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-minus20Single variable SEG Price change -20%: after-tax NPV8

1062000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-minus10Single variable SEG Price change -10%: after-tax NPV8

1067000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-0Single variable SEG Price change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-10Single variable SEG Price change +10%: after-tax NPV8

1078000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-20Single variable SEG Price change +20%: after-tax NPV8

1083000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-seg-price-30Single variable SEG Price change +30%: after-tax NPV8

1088000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-minus30Single variable Mining CapEx change -30%: after-tax NPV8

1087000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-minus20Single variable Mining CapEx change -20%: after-tax NPV8

1083000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-minus10Single variable Mining CapEx change -10%: after-tax NPV8

1078000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-0Single variable Mining CapEx change +0%: after-tax NPV8

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-10Single variable Mining CapEx change +10%: after-tax NPV8

1068000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-20Single variable Mining CapEx change +20%: after-tax NPV8

1063000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-mining-capex-30Single variable Mining CapEx change +30%: after-tax NPV8

1058000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-5Base operating case after-tax NPV at 5% real

1762000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-6Base operating case after-tax NPV at 6% real

1494000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-7Base operating case after-tax NPV at 7% real

1266000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-8Base operating case after-tax NPV at 8% real

1073000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-9Base operating case after-tax NPV at 9% real

907000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-10Base operating case after-tax NPV at 10% real

764000000 USD

2026-09-30
arr-20260930-scoping.sensitivity-discount-11Base operating case after-tax NPV at 11% real

640000000 USD

2026-09-30
arr-20250307-scoping-full.npv10After-tax NPV at 10%

558010632 USD

2025-03-07
arr-20250307-scoping-full.npv8After-tax NPV at 8%

732923202 USD

2025-03-07
arr-20250307-scoping-full.irrAfter-tax IRR

24 %

2025-03-07
arr-20250307-scoping-full.initial-capexInitial capital including 20% contingency

456082054 USD

2025-03-07
arr-20250307-scoping-full.lifeMine life

20 years

2025-03-07
arr-20250307-scoping-full.throughputROM throughput

3000000 t/yr

2025-03-07
arr-20250307-scoping-full.annual-ndprLOM annual NdPr oxide production

1833 t/yr

2025-03-07
arr-20250307-scoping-full.price-ndprStudy NdPr oxide price

91 USD/kg

2025-03-07
arr-20250307-scoping-full.recovery-ndprRecovery to NdPr product

63.9 %

2025-03-07
arr-20250307-scoping-full.study-typeSuperseded study type

Scoping Study text

2025-03-07
arr-20250307-scoping-full.45x-included45X 10% eligible processing/separation credit included

True boolean

2025-03-07
arr-20250307-scoping-full.cost-vintageScoping cost basis

2023 cost inputs; Class 5 approximately ±30–50%; 20% contingency text

2025-03-07
arr-20250307-scoping-full.initial-capex-directMine plus processing capex before contingency

380068379 USD

2025-03-07
arr-20250307-scoping-full.capex-contingencyInitial capex contingency

76013676 USD

2025-03-07
arr-20250307-scoping-full.c1-ndpr-equivalentReported C1 operating cost per kg NdPr equivalent; historical, not current AISC

36.1 USD/kg NdPr equivalent

2025-03-07
arr-20250307-scoping-full.paybackReported after-tax payback

2.7 years

2025-03-07
arr-20250307-scoping-full.annual-tbHistorical annual average Tb oxide production

24 t/yr

2025-03-07
arr-20250307-scoping-full.recovery-tbHistorical recovery to Tb oxide

70.2 %

2025-03-07
arr-20250307-scoping-full.price-tbHistorical assumed Tb oxide FOB product price

1500 USD/kg

2025-03-07
arr-20250307-scoping-full.annual-dyHistorical annual average Dy oxide production

98 t/yr

2025-03-07
arr-20250307-scoping-full.recovery-dyHistorical recovery to Dy oxide

66.5 %

2025-03-07
arr-20250307-scoping-full.price-dyHistorical assumed Dy oxide FOB product price

400 USD/kg

2025-03-07
arr-20250307-scoping-full.annual-segHistorical annual average SEG mixed concentrate production

488 t/yr

2025-03-07
arr-20250307-scoping-full.recovery-segHistorical recovery to SEG mixed concentrate

70.1 %

2025-03-07
arr-20250307-scoping-full.price-segHistorical assumed SEG mixed concentrate FOB product price

10 USD/kg

2025-03-07
arr-20250307-scoping-full.annual-laHistorical annual average La carbonate production

1724 t/yr

2025-03-07
arr-20250307-scoping-full.recovery-laHistorical recovery to La carbonate

68.6 %

2025-03-07
arr-20250307-scoping-full.price-laHistorical assumed La carbonate FOB product price

2 USD/kg

2025-03-07
arr-20250307-scoping-full.resource_tonnes-totalFull Halleck Creek total resource tonnes

2626501234 t

2025-02-04
arr-20250307-scoping-full.resource_grade-totalFull Halleck Creek total TREO grade

3292 ppm

2025-02-04
arr-20250307-scoping-full.resource_contained-totalFull Halleck Creek total contained TREO

8647066 t

2025-02-04
arr-20250307-scoping-full.resource_tonnes-measured_indicatedFull Halleck Creek measured_indicated resource tonnes

1479320439 t

2025-02-04
arr-20250307-scoping-full.resource_grade-measured_indicatedFull Halleck Creek measured_indicated TREO grade

3334 ppm

2025-02-04
arr-20250307-scoping-full.resource_contained-measured_indicatedFull Halleck Creek measured_indicated contained TREO

4931405 t

2025-02-04
arr-20250307-scoping-full.resource_tonnes-measuredFull Halleck Creek measured resource tonnes

206716068 t

2025-02-04
arr-20250307-scoping-full.resource_grade-measuredFull Halleck Creek measured TREO grade

3720 ppm

2025-02-04
arr-20250307-scoping-full.resource_contained-measuredFull Halleck Creek measured contained TREO

769018 t

2025-02-04
arr-20250307-scoping-full.resource_tonnes-indicatedFull Halleck Creek indicated resource tonnes

1272604372 t

2025-02-04
arr-20250307-scoping-full.resource_grade-indicatedFull Halleck Creek indicated TREO grade

3271 ppm

2025-02-04
arr-20250307-scoping-full.resource_contained-indicatedFull Halleck Creek indicated contained TREO

4162386 t

2025-02-04
arr-20250307-scoping-full.resource_tonnes-inferredFull Halleck Creek inferred resource tonnes

1147180795 t

2025-02-04
arr-20250307-scoping-full.resource_grade-inferredFull Halleck Creek inferred TREO grade

3239 ppm

2025-02-04
arr-20250307-scoping-full.resource_contained-inferredFull Halleck Creek inferred contained TREO

3715661 t

2025-02-04
arr-20250307-scoping-full.45x-detailsHistorical 45X application

10% of eligible processing/separation costs; mining costs and material costs/reagents excluded text

2025-03-07
arr-20250307-scoping-full.royalty-rateHistorical Wyoming State royalty on CSM gross product revenue

5 %

2025-03-07
arr-20250307-scoping-full.royalty-floorHistorical State royalty floor

0.5 USD/t resource

2025-03-07
arr-20250307-scoping-full.royalty-levies-lomHistorical LOM royalty and other production levies

222307898 USD

2025-03-07
arr-20250307-scoping-full.tax-rateHistorical federal income tax rate

21 %

2025-03-07
arr-20250307-scoping-full.cost-total-lomHistorical LOM operating cost including royalty/levies

2313515155 USD

2025-03-07
arr-20250307-scoping-full.production-indicatedHistorical scheduled mill feed drawn from Indicated category

100 %

2025-03-07
arr-20250307-scoping-full.production-inferredHistorical scheduled mill feed drawn from Inferred category

0 %

2025-03-07
arr-20250307-scoping-full.ndpr-lom-totalHistorical total NdPr produced across modeled production columns

38503023 kg

2025-03-07
arr-20250307-scoping-full.alternate-npv10Historical 6 Mtpa alternate after-tax NPV10

1171000000 USD

2025-03-07
arr-20250307-scoping-full.alternate-capexHistorical 6 Mtpa alternate initial capital

737000000 USD

2025-03-07
arr-20250307-scoping-full.alternate-irrHistorical 6 Mtpa alternate after-tax IRR

28.4 %

2025-03-07
arr-20250307-scoping-full.closure-planDetailed mine closure plan completed

False boolean

2025-03-07
arr-20250307-scoping-full.sustaining-cost-basisHistorical sustaining allowance

Contract mine fleet; process equipment life30yr; 2% spares/repair inOPEX, no separate sustaining capital text

2025-03-07
arr-20250307-scoping-full.no-offtakeHistorical product forecast deck was binding contracted realization

False boolean

2025-03-07
arr-20250307-scoping-full.exim-committedEXIM LOI represented committed financing

False boolean

2025-03-07
arr-20250307-scoping-full.historical-basket-sensitivity-0Historical NdPr equivalent basket price 54.60USD/kg aftertax NPV10

150000000 USD

2025-03-07
arr-20250307-scoping-full.historical-basket-sensitivity-1Historical NdPr equivalent basket price 72.80USD/kg aftertax NPV10

355000000 USD

2025-03-07
arr-20250307-scoping-full.historical-basket-sensitivity-2Historical NdPr equivalent basket price 91.00USD/kg aftertax NPV10

558000000 USD

2025-03-07
arr-20250307-scoping-full.historical-basket-sensitivity-3Historical NdPr equivalent basket price 100.10USD/kg aftertax NPV10

660000000 USD

2025-03-07
arr-20250307-scoping-full.historical-basket-sensitivity-4Historical NdPr equivalent basket price 109.20USD/kg aftertax NPV10

761000000 USD

2025-03-07
arr-20250224-scoping.npv10After-tax NPV at 10%

558010632 USD

2025-02-24
arr-20250224-scoping.npv8After-tax NPV at 8%

732923202 USD

2025-02-24
arr-20250224-scoping.irrAfter-tax IRR

24 %

2025-02-24
arr-20250224-scoping.initial-capexInitial capital including 20% contingency

456082054 USD

2025-02-24
arr-20250224-scoping.lifeMine life

20 years

2025-02-24
arr-20250224-scoping.throughputROM throughput

3000000 t/yr

2025-02-24
arr-20250224-scoping.annual-ndprLOM annual NdPr oxide production

1833 t/yr

2025-02-24
arr-20250224-scoping.price-ndprStudy NdPr oxide price

91 USD/kg

2025-02-24
arr-20250224-scoping.recovery-ndprRecovery to NdPr product

63.9 %

2025-02-24
arr-20250224-scoping.study-typeSuperseded study type

Scoping Study text

2025-02-24
arr-20250224-scoping.cost-vintageScoping cost basis

2023 cost inputs; Class 5 approximately ±30–50%; 20% contingency text

2025-02-24
arr-20250224-scoping.initial-capex-directMine plus processing capex before contingency

380068379 USD

2025-02-24
arr-20250224-scoping.capex-contingencyInitial capex contingency

76013676 USD

2025-02-24
arr-20250224-scoping.c1-ndpr-equivalentReported C1 operating cost per kg NdPr equivalent; historical, not current AISC

36.1 USD/kg NdPr equivalent

2025-02-24
arr-20250224-scoping.paybackReported after-tax payback

2.7 years

2025-02-24
arr-20250224-scoping.annual-tbHistorical annual average Tb oxide production

24 t/yr

2025-02-24
arr-20250224-scoping.recovery-tbHistorical recovery to Tb oxide

70.2 %

2025-02-24
arr-20250224-scoping.price-tbHistorical assumed Tb oxide FOB product price

1500 USD/kg

2025-02-24
arr-20250224-scoping.annual-dyHistorical annual average Dy oxide production

98 t/yr

2025-02-24
arr-20250224-scoping.recovery-dyHistorical recovery to Dy oxide

66.5 %

2025-02-24
arr-20250224-scoping.price-dyHistorical assumed Dy oxide FOB product price

400 USD/kg

2025-02-24
arr-20250224-scoping.annual-segHistorical annual average SEG mixed concentrate production

488 t/yr

2025-02-24
arr-20250224-scoping.recovery-segHistorical recovery to SEG mixed concentrate

70.1 %

2025-02-24
arr-20250224-scoping.price-segHistorical assumed SEG mixed concentrate FOB product price

10 USD/kg

2025-02-24
arr-20250224-scoping.annual-laHistorical annual average La carbonate production

1724 t/yr

2025-02-24
arr-20250224-scoping.recovery-laHistorical recovery to La carbonate

68.6 %

2025-02-24
arr-20250224-scoping.price-laHistorical assumed La carbonate FOB product price

2 USD/kg

2025-02-24
arr-20260930-annual-cash-totalCash and cash equivalents including restricted guarantee

18550987 AUD

2026-06-30
arr-20260930-annual-restricted-cashRestricted cash lease guarantee

52607 AUD

2026-06-30
arr-20260930-annual-unrestricted-cashUnrestricted cash = total less restricted lease guarantee

18498380 AUD

2026-06-30
arr-20260930-annual-leasesLease liability (all current)

25674 AUD

2026-06-30
arr-20260930-annual-book-equityTotal equity

47832144 AUD

2026-06-30
arr-20260930-annual-total-assetsTotal assets

52025833 AUD

2026-06-30
arr-20260930-annual-total-liabilitiesTotal liabilities

4193689 AUD

2026-06-30
arr-20260930-annual-npatLoss for FY 2026

-5719154 AUD

2026-06-30
arr-20260930-annual-adminAdministrative expenses (exploration expense disclosed separately)

8255081 AUD

2026-06-30
arr-20260930-annual-ocfNet cash applied to operating activities

-4223771 AUD

2026-06-30
arr-20260930-annual-cash-capex-ppeCash payments for PP&E

828333 AUD

2026-06-30
arr-20260930-annual-cash-capex-eeCash exploration and evaluation expenditure

13134277 AUD

2026-06-30
arr-20260930-annual-noncash-sharepayShare based payment expense

2581382 AUD

2026-06-30
arr-20260930-annual-cobalt-book-valueCobalt Blue listed equity fair value

311740 AUD

2026-06-30
arr-20260930-annual-grant-receivableWyoming grant receivable

854414 AUD

2026-06-30
arr-20260930-annual-grant-capacityConditional Wyoming grant capacity remaining

6406804 AUD

2026-06-30
arr-20260930-annual-postyear-option-cashCash receipts from 1,739,840 options exercised after year-end

401952 AUD

2026-09-30
arr-20260930-annual-current-sharesOrdinary shares at September 4 shareholder record

582607799 shares

2026-09-04
arr-20260930-annual-current-optionsUnquoted options in current annual securities table

41750000 options

2026-09-30
arr-20260930-annual-unvested-expected-lapseFour million unvested options expected to lapse after employee resignations; still in current published table

4000000 options

2026-09-30
arr-20260930-annual-hc-measuredWhole Halleck Creek resource measured

206,716,068 t @ 3,720 ppm TREO; 769,018 t TREO t / ppm TREO

2025-02-04
arr-20260930-annual-hc-indicatedWhole Halleck Creek resource indicated

1,272,604,372 t @ 3,271 ppm TREO; 4,162,386 t TREO t / ppm TREO

2025-02-04
arr-20260930-annual-hc-measured_indicatedWhole Halleck Creek resource measured_indicated

1,479,320,439 t @ 3,334 ppm TREO; 4,931,405 t TREO t / ppm TREO

2025-02-04
arr-20260930-annual-hc-inferredWhole Halleck Creek resource inferred

1,147,180,795 t @ 3,239 ppm TREO; 3,715,661 t TREO t / ppm TREO

2025-02-04
arr-20260930-annual-hc-totalWhole Halleck Creek resource total

2,626,501,234 t @ 3,292 ppm TREO; 8,647,066 t TREO t / ppm TREO

2025-02-04
arr-20260930-annual-lp-indicatedLa Paz annual restated resource indicated

35,200,000 t @ 382 ppm TREE; 13,448,019 kg TREE; 16,144,347 kg TREO t / ppm TREE / kg

2026-06-30
arr-20260930-annual-lp-inferredLa Paz annual restated resource inferred

135,400,000 t @ 393 ppm TREE; 53,198,803 kg TREE; 63,865,163 kg TREO t / ppm TREE / kg

2026-06-30
arr-20260930-annual-lp-totalLa Paz annual restated resource total

170,600,000 t @ 391 ppm TREE; 66,646,822 kg TREE; 80,009,510 kg TREO t / ppm TREE / kg

2026-06-30
arr-20260930-annual-study-stageCurrent study maturity

Updated scoping study; PFS ongoing None

2026-09-30
arr-20260930-annual-npv10After-tax real NPV 10 annual summary

764000000 USD

2026-09-30
arr-20260930-annual-capexInitial capex annual summary

900000000 USD

2026-09-30
arr-20260930-annual-direct-capexDirect initial capital

690000000 USD

2026-09-30
arr-20260930-annual-contingencyInitial contingency

210000000 USD

2026-09-30
arr-20260930-annual-closureClosure capital separate from initial capex

56000000 USD

2026-09-30
arr-20260930-annual-opexLife-of-mine operating cost per tonne ROM

39.68 USD/t ROM

2026-09-30
arr-20260930-annual-ndpr-priceLife-of-mine Nd Pr price assumption

151 USD/kg

2026-09-30
arr-20260930-annual-ndpr-recoveryOverall Nd Pr oxide recovery

58.2 %

2026-09-30
arr-20260930-annual-tb-recoveryOverall Tb oxide recovery

28.7 %

2026-09-30
arr-20260930-annual-dy-recoveryOverall Dy oxide recovery

12.4 %

2026-09-30
arr-20260930-annual-mine-lifeMine life

26 years

2026-09-30
arr-20260930-annual-annual-ndprApproximate Nd Pr oxide production per year

2500 tpa

2026-09-30
arr-20260930-annual-throughputROM throughput

4500000 tpa

2026-09-30
arr-20260930-annual-novex-mouNovex agreement nature

Non-binding Mo U except confidentiality and governing law; definitive agreement objective within 12 months None

2026-09-30
arr-20260930-annual-src-timingBulk concentrate SRC transfer

December 2026 None

2026-09-30
arr-20260930-annual-pilot-timingFirst separated oxide pilot target

Late Q 2 calendar 2027, conditional commissioning None

2026-09-30
arr-20260930-annual-novex-sampleNovex concentrate test sample

50 kg

2026-09-30
arr-20260930-annual-metres-plan2026 drilling program planned metres

3050 m planned

2026-09-30
arr-20260930-annual-holes-completed2026 program holes completed at September 21

18 holes

2026-09-30
arr-20260930-annual-best-interceptBest reported September 2026 downhole interval

HC 26 RM 056: 191.11 m @3,951 ppm TREO from 8.84 m; true width unknown None

2026-09-30
arr-20260930-annual-mean-interval-gradeUnweighted mean TREO of 386 geological intervals, excludes 20 QA/QC

3497 ppm TREO

2026-09-30
arr-20260930-annual-grant-termsWEA grant reimbursement terms

Three years from 27 June 2024; generally 50%eligible costs;10%retention; remainingcapacityconditional terms

2026-09-30
arr-20260930-annual-finance-uncommittedMine construction financing status

No formal financing process; non-binding EXIM letter is not committed funding status

2026-09-30
arr-20260930-annual-pilot-capex-commitmentContracted pilot RCC equipment capex payable within one year; not recognized as liability

535895 AUD

2026-06-30
arr-20260930-annual-ocf-fy2025-restatedPrior-year OCF as restated in FY 2026 annual

-4427279 AUD

2025-06-30
annual-current-payablesIncurred trade and other payables, including unpaid project accruals

4120222 AUD

2026-06-30
annual-current-provisionsCurrent provisions

47793 AUD

2026-06-30
annual-current-receivablesCurrent other receivables conservatively excluded from equity bridge

899158 AUD

2026-06-30
arr-20260831-presentation-roadmapNear-term roadmap

PFS completion and minepermit submission in 2026;pilot first separatedoxide 2027;FS 2027 anticipated None

2026-08-31
arr-20260831-presentation-leadershipCurrent named technical/executive leaders

Mark Wall, Megan Mc Pherson, Nick Lissolo, Andrew Conover, Taylor Cable, Jaye Pickarts(independentconsultant) None

2026-08-31
arr-20260831-presentation-nasdaqNASDAQ ambition

Multiple listing avenues considered; no committed execution route None

2026-08-31
arr-20260819-securities-ceased-expired-optionsOptions expired 17 August 2026

1500000 options

2026-08-17
arr-20260819-securities-ceased-sharesOrdinary shares unchanged after cessation

582607799 shares

2026-08-19
arr-20260804-quotation-sharesPost-quotation ordinary shares

582607799 shares

2026-08-04
arr-20260804-quotation-issuedOption exercise ordinary shares issued

1500000 shares

2026-08-04
arr-20260804-quotation-cashCash option exercise proceeds

330000 AUD

2026-08-04
arr-20260731-quarterly-cash-totalReported rounded total cash

18551000 AUD

2026-06-30
arr-20260731-quarterly-ocfQuarter net operating cash flow

-999000 AUD

2026-06-30
arr-20260731-quarterly-investingQuarter net investing cash flow

-6849000 AUD

2026-06-30
arr-20260731-quarterly-net-burnQuarter net burn = -(OCF+investing)

7848000 AUD

2026-06-30
arr-20260731-quarterly-reported-runwayCompany 5 B quarters of funding

2.33 quarters

2026-06-30
arr-20260731-quarterly-undrawnUnused financing facilities

0 AUD

2026-06-30
arr-20260731-quarterly-quarter-shares-gapShare count in quarterly report

Not disclosed; reconciled from annual and Appendix 2 A security notices None

2026-06-30
arr-20260731-quarterly-quarter-capexExploration and evaluation quarterly cash outlay

7193000 AUD

2026-06-30
arr-20260702-quotation-sharesPost-quotation ordinary shares

581107799 shares

2026-07-02
arr-20260702-quotation-issuedOption exercise ordinary shares issued

239840 shares

2026-07-02
arr-20260702-quotation-cashCash option exercise proceeds

71952 AUD

2026-07-02
arr-20260601-quotation-sharesPost-quotation ordinary shares

580867959 shares

2026-06-01
arr-20260601-quotation-issuedOption exercise ordinary shares issued

925000 shares

2026-06-01
arr-20260601-quotation-cashCash option exercise proceeds

237500 AUD

2026-06-01
arr-20260527-quotation-sharesPost-quotation ordinary shares

579942959 shares

2026-05-27
arr-20260527-quotation-issuedOption exercise ordinary shares issued

2887439 shares

2026-05-27
arr-20260527-quotation-cashCash option exercise proceeds

786231.7 AUD

2026-05-27
arr-20260527-drilling-planned-metresPlanned infill drilling

3050 m planned

2026-05-27
arr-20260527-drilling-planned-holesPlanned infill holes

19 holes planned

2026-05-27
arr-20260424-quarterly-cash-totalReported rounded total cash

24798000 AUD

2026-03-31
arr-20260424-quarterly-ocfQuarter net operating cash flow

-641000 AUD

2026-03-31
arr-20260424-quarterly-investingQuarter net investing cash flow

1197000 AUD

2026-03-31
arr-20260424-quarterly-net-burnQuarter net burn = -(OCF+investing)

-556000 AUD

2026-03-31
arr-20260424-quarterly-reported-runwayCompany 5 B quarters of funding

11.72 quarters

2026-03-31
arr-20260424-quarterly-undrawnUnused financing facilities

0 AUD

2026-03-31
arr-20260424-quarterly-quarter-shares-gapShare count in quarterly report

Not disclosed; reconciled from annual and Appendix 2 A security notices None

2026-03-31
arr-20260424-quarterly-grl-disposalGodolphin sale proceeds during March quarter

2898000 AUD

2026-03-31
arr-20260326-director-interest-disclosureSten Gustafson acquired 180 ADRs on 24 March 2026;afterholding 1,305 ADRs

180 ADRs

2026-03-24
arr-20260320-director-interest-disclosureSten Gustafson acquired 260 ADRs on 19 March 2026;afterholding 1,125 ADRs

260 ADRs

2026-03-19
arr-20260309-halfyear-book_equitybook_equity

48204228 AUD

2025-12-31
arr-20260309-halfyear-npatnpat

-3065179 AUD

2025-12-31
arr-20260309-halfyear-operating_cash_flowoperating_cash_flow

-2726718 AUD

2025-12-31
arr-20260309-halfyear-lease_liabilitieslease_liabilities

109757 AUD

2025-12-31
arr-20260309-halfyear-shares_basicshares_basic

573607799 shares

2025-12-31
arr-20260309-halfyear-cash-totalHalf-year reported total cash

23979193 AUD

2025-12-31
arr-20260309-halfyear-loss-equity-typoEquity movement loss-label conflict

p 13 NPAT-3,065,179;p 14 loss row-3,403,633 plus 338,454 reserve cancellation reconcilesnetloss-3,065,179 AUD

2025-12-31
arr-20260302-director-interest-disclosureSten Gustafson acquired 220 ADRs on 27 February 2026;afterholding 865 ADRs

220 ADRs

2026-02-27
arr-20260224-director-interest-disclosureRichard Hudson acquired 100,000 ordinary shares;afterholding 500,000

100000 shares

2026-02-20
arr-20260212-presentation-leadershipFebruary named leadership

Mark Wall CEO;Dwight Kinnes CTO;Megan Mc Pherson CFO;Nick Lissolo VP Corporate Strategy None

2026-02-12
arr-20260212-presentation-roadmapFebruary roadmap

PFS andminepermit 2026;pilot development planned None

2026-02-12
arr-20260128-quarterly-cash-totalReported rounded total cash

23980000 AUD

2025-12-31
arr-20260128-quarterly-ocfQuarter net operating cash flow

-1291000 AUD

2025-12-31
arr-20260128-quarterly-investingQuarter net investing cash flow

-1393000 AUD

2025-12-31
arr-20260128-quarterly-net-burnQuarter net burn = -(OCF+investing)

2684000 AUD

2025-12-31
arr-20260128-quarterly-reported-runwayCompany 5 B quarters of funding

8.93 quarters

2025-12-31
arr-20260128-quarterly-undrawnUnused financing facilities

0 AUD

2025-12-31
arr-20260128-quarterly-quarter-shares-gapShare count in quarterly report

Not disclosed; reconciled from annual and Appendix 2 A security notices None

2025-12-31
arr-20260128-quarterly-grl-disposal-statusAll Godolphin shares disposed subsequent to December quarter

All shares disposed; proceeds A$2.89 m received 19 January 2026 None

2026-01-28
arr-20260113-substantial-disclosureARR ceased as substantial holder of Godolphin on 8 January 2026; cessation itself does not establishzero remainingholding

ARR ceased as substantial holder of Godolphin on 8 January 2026; cessation itself does not establishzero remainingholding None

2026-01-08
arr-20251215-director-interest-disclosureBrian Arkell received 250,000 options at A$0.4818 expiring 30 November 2028,issued 12 December 2025

250000 options

2025-12-12
arr-20251210-director-interest-disclosureRichard Hudson 2,000,000 A$0.40 options expired 5 December 2025

2000000 options

2025-12-05
arr-20251119-resource-update-csm-indicatedCowboy State Mine subset resource indicated

391,378,955 t @3,295 ppm TREO;1,289,650 t TREO t/ppm/t

2025-10-31
arr-20251119-resource-update-csm-inferredCowboy State Mine subset resource inferred

156,091,388 t @3,468 ppm TREO;541,251 t TREO t/ppm/t

2025-10-31
arr-20251119-resource-update-csm-totalCowboy State Mine subset resource total

547,470,344 t @3,344 ppm TREO;1,830,901 t TREO t/ppm/t

2025-10-31
arr-20251119-resource-update-indicated-increaseCSM indicated resource increase

68417494 t

2025-10-31
arr-20251119-resource-update-surface-channel-average18 selected surface channels mean TREO

5471 ppm

2025-11-19
arr-20251119-resource-update-surface-channel-bestSelected channel CS 25-RM 1111 mmaximum TREO

13816 ppm

2025-11-19
arr-20251119-resource-update-permitsDrill locations permitted

27 Cowboy State+29 Bluegrass locations

2025-11-19
arr-20251105-director-interest-disclosureBrian Arkell acquired 25,000 ordinary shares on 4 November 2025 for US$7,500

25000 shares

2025-11-04
arr-20251028-board-changes-boardBoardchanges

Jason Becktonappointed NED;Hugh Kellerresigned NED;both 28 October 2025 None

2025-10-28
arr-20251020-substantial-disclosureFIL Limited substantial holding 44,748,881 ordinary shares/7.84%

44748881 shares

2025-10-16
arr-20251017-quarterly-cash-totalReported rounded total cash

21211000 AUD

2025-09-30
arr-20251017-quarterly-ocfQuarter net operating cash flow

-1432000 AUD

2025-09-30
arr-20251017-quarterly-investingQuarter net investing cash flow

-2262000 AUD

2025-09-30
arr-20251017-quarterly-net-burnQuarter net burn = -(OCF+investing)

3694000 AUD

2025-09-30
arr-20251017-quarterly-reported-runwayCompany 5 B quarters of funding

5.74 quarters

2025-09-30
arr-20251017-quarterly-undrawnUnused financing facilities

0 AUD

2025-09-30
arr-20251017-quarterly-quarter-shares-gapShare count in quarterly report

Not disclosed; reconciled from annual and Appendix 2 A security notices None

2025-09-30
arr-20251013-substantial-disclosureARR Godolphin holding 84,922,311 ordinary shares/12.20%; voting power declined through dilution

84922311 shares

2025-10-10
arr-20250922-annual-book_equitybook_equity

30110494 AUD

2025-06-30
arr-20250922-annual-npatnpat

-6465370 AUD

2025-06-30
arr-20250922-annual-operating_cash_flowoperating_cash_flow

-4421665 AUD

2025-06-30
arr-20250922-annual-lease_liabilitieslease_liabilities

182871 AUD

2025-06-30
arr-20250922-annual-shares_basicshares_basic

507423299 shares

2025-06-30
arr-20250922-annual-cash-totalFY 2025 total cash

9353143 AUD

2025-06-30
arr-20250922-annual-optionsFY 2025 total options outstanding

57500000 options

2025-06-30
arr-20250922-annual-la-paz-old-tableSuperseded La Paz table inconsistent with contemporary narrative

128.2 Mt @0.037%;43,022,638 kg REE; narrativep 8 states 170.6 Mt table context

2025-06-30
arr-20250922-annual-scoping-summaryPrior 2025 scoping economics

NPV 10 US$558 m;IRR 24%;20-year mine life;1,833 tpa Nd Pr oxide USD/%/years/tpa

2025-02-24
arr-20250904-substantial-disclosureARR Godolphin holding 84,922,311 ordinary shares/15.24%

84922311 shares

2025-09-02
arr-20250820-substantial-disclosureBank of New York Mellon depositary qualified disposalinterest 41,139,500 shares/7.32%; depositary is not necessarily beneficialowner

41139500 shares

2025-08-18
arr-20250815-director-interest-disclosureSten Gustafson acquired 645 ADRs on 13 August 2025 for US$7,953

645 ADRs

2025-08-13
arr-20250812-substantial-disclosureHill Family Group holding 53,520,000 ordinary shares/9.55% based 560,298,299 shares

53520000 shares

2025-08-12
arr-20250804-director-interest-disclosureChris Gibbs ceased as director 31 July 2025;final interestnotice

Chris Gibbs ceased as director 31 July 2025;final interestnotice None

2025-07-31
arr-20250724-placement-placementGross placement proceeds

15000000 AUD

2025-07-24
arr-20250724-placement-pricePlacement price

0.32 AUD/share

2025-07-24
arr-20250724-placement-sharesShares from gross raise dividedbyprice

46875000 shares

2025-07-24
arr-20250724-placement-feesPlacement manager fees

2%management+4%capitalraisingfee None

2025-07-24
arr-20250724-placement-useUse of placement proceeds

Demonstrationplant,infilldrilling,engineeringwork None

2025-07-24
arr-20250603-substantial-disclosureBank of New York Mellon depositary qualified disposalinterest 31,552,000 shares/6.22%; depositary status does not establishstrategicbeneficialownership

31552000 shares

2025-05-30
arr-20250521-substantial-disclosureFIL Limited holding 45,355,311 ordinary shares/8.94%

45355311 shares

2025-05-19
arr-20250519-director-interest-disclosureRichard Hudson acquired 100,000 shares inferred from 300,000 to 400,000 holding; acquiredline has 100,0000 typo

100000 shares

2025-05-15
arr-20250502-leadership-cfoMegan Mc Pherson CFOappointment

Effective 5 May 2025 None

2025-05-05
arr-20250502-leadership-directorBrian Arkellappointment

US-based non-executivedirector None

2025-05-05
arr-20250424-director-interest-disclosureHugh Keller acquired 70,000 ordinary shares; afterholding 130,000

70000 shares

2025-04-23
arr-20250123-shareholder-update-old-resourcePrior whole Halleckresource table

2,341,587,986 t@3,196 ppm TREO;7,481,070 t TREO t/ppm/t

2024-02-07
arr-20250106-director-interest-disclosureJanuary Appendix 3 Y notices record Hudson 1 m, Gibbs 2 m, Sanderson 1 m and Keller 1 m options issued 27 December 2024 at A$0.3274,expiry 30 November 2027

5000000 options

2024-12-27
arr-20241209-godolphin-holding-grl-sharesARR historical Godolphin shares held

67936945 GRL shares

2024-12-06
arr-20241209-godolphin-holding-grl-votesARR historical Godolphin voting power

18.92 %

2024-12-06
arr-20241209-godolphin-holding-placement-sharesDecember 2024 GRL placement shares acquired by ARR

40800000 GRL shares

2024-12-06
arr-20241209-godolphin-holding-placement-costDecember 2024 GRL placement consideration

510000 AUD

2024-12-06
arr-20241202-bny-adr-depositary-amended-depositary-sharesBNY ADR depositary legal relevant interest

25984800 ARR ordinary shares

2024-11-27
arr-20241202-bny-adr-depositary-amended-depositary-votesBNY reported legal voting power

5.16 %

2024-11-27
arr-20241202-bny-adr-depositary-amended-depositary-natureBNY interest nature

BNY acts as ADR program depositary under 21 July 2023 agreement; ADR holders retain disposal/voting rights subject to deposit-agreement terms. Not BNY beneficial investment capital. None

2024-11-27
arr-20241129-bny-adr-depositary-depositary-sharesBNY ADR depositary legal relevant interest

25984800 ARR ordinary shares

2024-11-27
arr-20241129-bny-adr-depositary-depositary-votesBNY reported legal voting power

5.16 %

2024-11-27
arr-20241129-bny-adr-depositary-depositary-natureBNY interest nature

BNY acts as ADR program depositary under 21 July 2023 agreement; ADR holders retain disposal/voting rights subject to deposit-agreement terms. Not BNY beneficial investment capital. None

2024-11-27
arr-20241008-godolphin-holding-grl-sharesARR historical Godolphin shares held

27136945 GRL shares

2024-10-03
arr-20241008-godolphin-holding-grl-votesARR historical Godolphin voting power

10.16 %

2024-10-03
arr-20241008-godolphin-holding-nominee-table-conflictGRL nominee share/vote table mismatch

Page2 nominee column 15,250,909 shares differs from votes16,442,189; headline total27,136,945 reconciles direct10,694,756 plus nominee votes16,442,189. No repaired numeric sidecar fact. None

2024-10-03
arr-20241002-hill-keller-board-hill-exitGeoffrey Hill director resignation

2024-10-01 date

2024-10-01
arr-20241002-hill-keller-board-hill-consultantGeoffrey Hill continuing role

Consultant to ARR after director retirement. None

2024-10-01
arr-20241002-hill-keller-board-keller-entryHugh Keller appointment

Non-Executive Director effective 1 October 2024. None

2024-10-01
arr-20241001-annual-report-replacement-cashCash and cash equivalents

16299550 AUD

2024-06-30
arr-20241001-annual-report-replacement-equityBook equity

33058121 AUD

2024-06-30
arr-20241001-annual-report-replacement-npatNet loss after tax attributable to owners

-6257487 AUD

2024-06-30
arr-20241001-annual-report-replacement-ocfOperating cash flow

-4134865 AUD

2024-06-30
arr-20241001-annual-report-replacement-exploration-cashCapitalised exploration/evaluation cash expenditure

3994082 AUD

2024-06-30
arr-20241001-annual-report-replacement-ppe-cashPP&E cash capital expenditure

55704 AUD

2024-06-30
arr-20241001-annual-report-replacement-sharesOrdinary shares on issue

493423299 shares

2024-06-30
arr-20241001-annual-report-replacement-optionsUnquoted options on issue

57100000 options

2024-06-30
arr-20241001-annual-report-replacement-leasesTotal lease liabilities

342057 AUD

2024-06-30
arr-20241001-annual-report-replacement-total-capexCash capex including capitalised exploration

4049786 AUD

2024-06-30
arr-20241001-annual-report-replacement-debtInterest-bearing borrowings excluding leases

0 AUD

2024-06-30
arr-20241001-annual-report-replacement-la-paz-resource-conflictHistorical La Paz narrative/table inconsistency

Narrative 170.6Mt versus reproduced 128.2Mt table; grade×tonnage does not reconcile to reported contained REE. Table retained as historical disclosure conflict, not accepted as current resource. None

2024-06-30
arr-20241001-annual-report-replacement-hc-ownershipHalleck Creek ownership

100 %

2024-06-30
arr-20241001-annual-report-replacement-la-paz-ownershipLa Paz ownership

100 %

2024-06-30
arr-20241001-annual-report-replacement-cash-typoCash financial-review typo

Financial review p25 shows A$16,299,350; audited balance/cash flow p38/p40 both A$16,299,550, reconciling opening cash plus net movement. None

2024-06-30
arr-20241001-annual-report-replacement-promissory-note-fair-valuePromissory note receivable fair value

3223734 AUD

2024-06-30
arr-20241001-annual-report-replacement-promissory-note-facePromissory note face value

3000000 AUD

2024-06-30
arr-20241001-annual-report-replacement-promissory-interestInterest payable on note at maturity

359652 AUD

2024-06-30
arr-20241001-annual-report-replacement-promissory-maturityHistorical promissory note maturity

2025-01-17 date

2024-06-30
arr-20241001-annual-report-replacement-promissory-ratePromissory interest rate starting 17 January 2023

6 %

2024-06-30
arr-20241001-annual-report-replacement-listed-investmentsListed financial investments fair value

905339 AUD

2024-06-30
arr-20241001-annual-report-replacement-matching-grantHistorical Wyoming Matching Funds maximum

7100000 USD

2024-06-30
arr-20241001-annual-report-replacement-wyoming-structure2024 Wyoming subsidiary financing structure

Wholly owned Wyoming Rare USA Inc dedicated to Halleck Creek on 12 August 2024, allowing US investments and partnerships; no executed sell-down percentage disclosed in this annual. None

2024-08-12
arr-20241001-annual-report-replacement-la-paz-recoveryLa Paz TREO metallurgical recovery

66.4 %

2024-06-30
arr-20241001-annual-report-replacement-la-paz-sc-recoveryLa Paz scandium metallurgical recovery

71.5 %

2024-06-30
arr-20241001-annual-report-replacement-shares-report-dateShares at shareholder report date

494423299 shares

2024-09-09
arr-20241001-annual-report-replacement-options-report-dateOptions at shareholder report date

56100000 options

2024-09-09
arr-20240830-mansanti-resignation-resignationJohn Mansanti resignation effective date

2024-08-31 date

2024-08-31
arr-20240830-mansanti-resignation-advisorJohn Mansanti ongoing advisory role

Senior Advisor to Wyoming Rare Inc., wholly owned ARR subsidiary. None

2024-08-31
arr-20240701-zink-resignation-resignationPaul Zink resignation effective date

2024-06-30 date

2024-06-30
arr-20240621-traub-resignation-resignationKenneth Traub resignation effective date

2024-06-20 date

2024-06-20
arr-20240614-godolphin-holding-grl-sharesARR historical Godolphin shares held

25945665 GRL shares

2024-06-11
arr-20240614-godolphin-holding-grl-votesARR historical Godolphin voting power

12.15 %

2024-06-11
arr-20240509-godolphin-holding-grl-sharesARR historical Godolphin shares held

25945665 GRL shares

2024-05-08
arr-20240509-godolphin-holding-grl-votesARR historical Godolphin voting power

13.58 %

2024-05-08
arr-20240319-scoping-presentation-price-60Historical price sensitivity 60%: NdPrEq price

54.6 USD/kg

2024-03-19
arr-20240319-scoping-presentation-npv-60Historical price sensitivity 60%: after-tax NPV10

70000000 USD

2024-03-19
arr-20240319-scoping-presentation-irr-60Historical price sensitivity 60%: after-tax IRR

12 %

2024-03-19
arr-20240319-scoping-presentation-price-80Historical price sensitivity 80%: NdPrEq price

72.8 USD/kg

2024-03-19
arr-20240319-scoping-presentation-npv-80Historical price sensitivity 80%: after-tax NPV10

249000000 USD

2024-03-19
arr-20240319-scoping-presentation-irr-80Historical price sensitivity 80%: after-tax IRR

16.8 %

2024-03-19
arr-20240319-scoping-presentation-price-100Historical price sensitivity 100%: NdPrEq price

91 USD/kg

2024-03-19
arr-20240319-scoping-presentation-npv-100Historical price sensitivity 100%: after-tax NPV10

430000000 USD

2024-03-19
arr-20240319-scoping-presentation-irr-100Historical price sensitivity 100%: after-tax IRR

21.1 %

2024-03-19
arr-20240319-scoping-presentation-price-110Historical price sensitivity 110%: NdPrEq price

100.1 USD/kg

2024-03-19
arr-20240319-scoping-presentation-npv-110Historical price sensitivity 110%: after-tax NPV10

522000000 USD

2024-03-19
arr-20240319-scoping-presentation-irr-110Historical price sensitivity 110%: after-tax IRR

23.2 %

2024-03-19
arr-20240319-scoping-presentation-price-120Historical price sensitivity 120%: NdPrEq price

109.2 USD/kg

2024-03-19
arr-20240319-scoping-presentation-npv-120Historical price sensitivity 120%: after-tax NPV10

615000000 USD

2024-03-19
arr-20240319-scoping-presentation-irr-120Historical price sensitivity 120%: after-tax IRR

25.3 %

2024-03-19
arr-20240319-scoping-presentation-processing-costBase processing cost

26.43 USD/ore tonne

2024-03-19
arr-20240319-scoping-presentation-mining-costBase mining cost

4.74 USD/ore tonne

2024-03-19
arr-20240319-scoping-presentation-cash-estimatePresentation cash reference

18300000 AUD

2024-03-19
arr-20240318-scoping-initial-capexTotal initial capital including 20% contingency

456100000 USD

2024-03-18
arr-20240318-scoping-mine-capexInitial mine capital

5400000 USD

2024-03-18
arr-20240318-scoping-processing-capexInitial processing capital

374700000 USD

2024-03-18
arr-20240318-scoping-contingency20% capital contingency

76000000 USD

2024-03-18
arr-20240318-scoping-construction-yearsConstruction period

2.5 years

2024-03-18
arr-20240318-scoping-after-tax-npv8Post-tax NPV at 8%

582200000 USD

2024-03-18
arr-20240318-scoping-after-tax-npv10Post-tax NPV at 10%

430000000 USD

2024-03-18
arr-20240318-scoping-after-tax-irrPost-tax IRR precise scenario-table value

21.1 %

2024-03-18
arr-20240318-scoping-paybackPost-tax payback

3.1 years

2024-03-18
arr-20240318-scoping-after-tax-fcfLife-of-mine post-tax free cash flow

1845100000 USD

2024-03-18
arr-20240318-scoping-pre-tax-npv8Pre-tax NPV at 8%

673900000 USD

2024-03-18
arr-20240318-scoping-pre-tax-npv10Pre-tax NPV at 10%

505100000 USD

2024-03-18
arr-20240318-scoping-pre-tax-irrPre-tax IRR

22.5 %

2024-03-18
arr-20240318-scoping-royalties-totalFour government royalties/taxes aggregate life-of-mine

193700000 USD

2024-03-18
arr-20240318-scoping-taxes-totalLife-of-mine federal income taxes

236000000 USD

2024-03-18
arr-20240318-scoping-ore-minedLife-of-mine ore mined

62300000 t

2024-03-18
arr-20240318-scoping-ndpr-lomLife-of-mine recovered NdPr

34500 t

2024-03-18
arr-20240318-scoping-ndpr-eq-lomLife-of-mine recovered NdPr equivalent

51900 t

2024-03-18
arr-20240318-scoping-lom-revenueLife-of-mine revenue

4722000000 USD

2024-03-18
arr-20240318-scoping-lom-processing-capexLife-of-mine milling capex, distinct from initial plant capex

450000000 USD

2024-03-18
arr-20240318-scoping-six-mtpa-npv86 Mtpa alternative case post-tax NPV8

1065000000 USD

2024-03-18
arr-20240318-scoping-six-mtpa-npv106 Mtpa alternative case post-tax NPV10

795000000 USD

2024-03-18
arr-20240318-scoping-six-mtpa-irr6 Mtpa alternative case post-tax IRR

22.3 %

2024-03-18
arr-20240318-scoping-ndpr_oxide-annual-productionAverage annual ndpr_oxide production

1529 t/year

2024-03-18
arr-20240318-scoping-ndpr_oxide-priceStudy ndpr_oxide price assumption

91 USD/kg

2024-03-18
arr-20240318-scoping-ndpr_oxide-opexStudy ndpr_oxide operating cost (not AISC)

38.38 USD/kg

2024-03-18
arr-20240318-scoping-ndpr_oxide-recoveryOverall ndpr_oxide recovery

63.9 %

2024-03-18
arr-20240318-scoping-tb_oxide-annual-productionAverage annual tb_oxide production

17 t/year

2024-03-18
arr-20240318-scoping-tb_oxide-priceStudy tb_oxide price assumption

1500 USD/kg

2024-03-18
arr-20240318-scoping-tb_oxide-opexStudy tb_oxide operating cost (not AISC)

632.56 USD/kg

2024-03-18
arr-20240318-scoping-tb_oxide-recoveryOverall tb_oxide recovery

70.2 %

2024-03-18
arr-20240318-scoping-dy_oxide-annual-productionAverage annual dy_oxide production

91 t/year

2024-03-18
arr-20240318-scoping-dy_oxide-priceStudy dy_oxide price assumption

400 USD/kg

2024-03-18
arr-20240318-scoping-dy_oxide-opexStudy dy_oxide operating cost (not AISC)

168.68 USD/kg

2024-03-18
arr-20240318-scoping-dy_oxide-recoveryOverall dy_oxide recovery

66.5 %

2024-03-18
arr-20240318-scoping-seg_concentrate-annual-productionAverage annual seg_concentrate production

383 t/year

2024-03-18
arr-20240318-scoping-seg_concentrate-priceStudy seg_concentrate price assumption

10 USD/kg

2024-03-18
arr-20240318-scoping-seg_concentrate-opexStudy seg_concentrate operating cost (not AISC)

4.22 USD/kg

2024-03-18
arr-20240318-scoping-seg_concentrate-recoveryOverall seg_concentrate recovery

70.1 %

2024-03-18
arr-20240318-scoping-la_carbonate-annual-productionAverage annual la_carbonate production

1486 t/year

2024-03-18
arr-20240318-scoping-la_carbonate-priceStudy la_carbonate price assumption

2 USD/kg

2024-03-18
arr-20240318-scoping-la_carbonate-opexStudy la_carbonate operating cost (not AISC)

0.84 USD/kg

2024-03-18
arr-20240318-scoping-la_carbonate-recoveryOverall la_carbonate recovery

68.6 %

2024-03-18
arr-20240318-scoping-ndpr-appendix-price-discrepancyNdPr summary versus appendix rounding

Summary US$91/kg; JORC appendix p50 US$90.61/kg. Use explicit case definition; retain rounding conflict. None

2024-03-18
arr-20240318-scoping-ownershipHalleck Creek economic ownership

100 %

2024-03-18
arr-20240318-scoping-refinery-design2024 processing and refinery design

Onsite comminution/concentration; subsequent processing/refining offsite, most likely near Wheatland; five separated sale products. Initial capex includes mine and refinery. None

2024-03-18
arr-20240318-scoping-45x-creditStudy 45X tax-credit assumption

10% of eligible processing costs; mining and chemical reagents excluded in the study model. None

2024-03-18
arr-20240318-scoping-royalty-typesGovernment royalty/tax types

Wyoming State Royalty; severance tax; Albany County ad valorem tax; industrial property tax. None

2024-03-18
arr-20240318-scoping-no-reserveReserve status

No Ore Reserves declared; resource-only scoping case. None

2024-03-18
arr-20240318-scoping-claim-maintenanceHistorical federal claim annual holding cost

165 USD/claim/year

2024-03-18
arr-20240318-scoping-state-lease-rentHistorical Wyoming state lease rent

US$1/acre years 1-5; US$2/acre years 6-10; US$3/acre beyond 10 years. None

2024-03-18
arr-20240223-placement-new-sharesFirm placement new ordinary shares

45000000 shares

2024-02-23
arr-20240223-placement-pricePlacement issue price

0.3 AUD/share

2024-02-23
arr-20240223-placement-gross-proceedsGross placement proceeds

13500000 AUD

2024-02-23
arr-20240223-placement-settlementPlacement settlement date

2024-02-28 date

2024-02-23
arr-20240223-placement-funds-usePlacement uses

Halleck Creek pre-feasibility, metallurgical testing, mineral resource/extensional drilling, environmental studies, general working capital. None

2024-02-23
arr-20240207-halleck-resource-measured-tonnesHalleck Creek measured resource_tonnes, 1000 ppm cutoff

206716068 t

2024-02-07
arr-20240207-halleck-resource-measured-treo-gradeHalleck Creek measured resource_grade, 1000 ppm cutoff

3720 ppm

2024-02-07
arr-20240207-halleck-resource-measured-treo-containedHalleck Creek measured resource_contained, 1000 ppm cutoff

769018 t

2024-02-07
arr-20240207-halleck-resource-measured-mreo-gradeHalleck Creek measured resource_grade MREO

904 ppm

2024-02-07
arr-20240207-halleck-resource-measured-mreo-containedHalleck Creek measured resource_contained MREO

186836 t

2024-02-07
arr-20240207-halleck-resource-indicated-tonnesHalleck Creek indicated resource_tonnes, 1000 ppm cutoff

1210173301 t

2024-02-07
arr-20240207-halleck-resource-indicated-treo-gradeHalleck Creek indicated resource_grade, 1000 ppm cutoff

3223 ppm

2024-02-07
arr-20240207-halleck-resource-indicated-treo-containedHalleck Creek indicated resource_contained, 1000 ppm cutoff

3899931 t

2024-02-07
arr-20240207-halleck-resource-indicated-mreo-gradeHalleck Creek indicated resource_grade MREO

780 ppm

2024-02-07
arr-20240207-halleck-resource-indicated-mreo-containedHalleck Creek indicated resource_contained MREO

943421 t

2024-02-07
arr-20240207-halleck-resource-measured_indicated-tonnesHalleck Creek measured_indicated resource_tonnes, 1000 ppm cutoff

1416889369 t

2024-02-07
arr-20240207-halleck-resource-measured_indicated-treo-gradeHalleck Creek measured_indicated resource_grade, 1000 ppm cutoff

3295 ppm

2024-02-07
arr-20240207-halleck-resource-measured_indicated-treo-containedHalleck Creek measured_indicated resource_contained, 1000 ppm cutoff

4668949 t

2024-02-07
arr-20240207-halleck-resource-measured_indicated-mreo-gradeHalleck Creek measured_indicated resource_grade MREO

798 ppm

2024-02-07
arr-20240207-halleck-resource-measured_indicated-mreo-containedHalleck Creek measured_indicated resource_contained MREO

1130257 t

2024-02-07
arr-20240207-halleck-resource-inferred-tonnesHalleck Creek inferred resource_tonnes, 1000 ppm cutoff

924698618 t

2024-02-07
arr-20240207-halleck-resource-inferred-treo-gradeHalleck Creek inferred resource_grade, 1000 ppm cutoff

3041 ppm

2024-02-07
arr-20240207-halleck-resource-inferred-treo-containedHalleck Creek inferred resource_contained, 1000 ppm cutoff

2812121 t

2024-02-07
arr-20240207-halleck-resource-inferred-mreo-gradeHalleck Creek inferred resource_grade MREO

737 ppm

2024-02-07
arr-20240207-halleck-resource-inferred-mreo-containedHalleck Creek inferred resource_contained MREO

681138 t

2024-02-07
arr-20240207-halleck-resource-total-tonnesHalleck Creek total resource_tonnes, 1000 ppm cutoff

2341587986 t

2024-02-07
arr-20240207-halleck-resource-total-treo-gradeHalleck Creek total resource_grade, 1000 ppm cutoff

3196 ppm

2024-02-07
arr-20240207-halleck-resource-total-treo-containedHalleck Creek total resource_contained, 1000 ppm cutoff

7481070 t

2024-02-07
arr-20240207-halleck-resource-total-mreo-gradeHalleck Creek total resource_grade MREO

774 ppm

2024-02-07
arr-20240207-halleck-resource-total-mreo-containedHalleck Creek total resource_contained MREO

1811395 t

2024-02-07
arr-20240207-halleck-resource-mreo-headline-conflictMREO headline versus table distinction

Headline 27% relates to drilling composition; total JORC table contains 1,811,395 t MREO / 7,481,070 t TREO = 24.21%. Do not treat 27% as total resource composition. None

2024-02-07
arr-20231128-godolphin-holding-grl-sharesARR historical Godolphin shares held

25930652 GRL shares

2023-11-24
arr-20231128-godolphin-holding-grl-votesARR historical Godolphin voting power

15.32 %

2023-11-24
arr-20230927-annual-report-cashCash and cash equivalents

12485220 AUD

2023-06-30
arr-20230927-annual-report-equityBook equity

25198848 AUD

2023-06-30
arr-20230927-annual-report-npatNet loss after tax attributable to owners

-4846560 AUD

2023-06-30
arr-20230927-annual-report-ocfOperating cash flow

-3190580 AUD

2023-06-30
arr-20230927-annual-report-exploration-cashCapitalised exploration/evaluation cash expenditure

3595671 AUD

2023-06-30
arr-20230927-annual-report-ppe-cashPP&E cash capital expenditure

80256 AUD

2023-06-30
arr-20230927-annual-report-sharesOrdinary shares on issue

446423299 shares

2023-06-30
arr-20230927-annual-report-optionsUnquoted options on issue

42494223 options

2023-06-30
arr-20230927-annual-report-leasesTotal lease liabilities

116155 AUD

2023-06-30
arr-20230927-annual-report-total-capexCash capex including capitalised exploration

3675927 AUD

2023-06-30
arr-20230927-annual-report-debtInterest-bearing borrowings excluding leases

0 AUD

2023-06-30
arr-20230927-annual-report-la-paz-resource-conflictHistorical La Paz narrative/table inconsistency

Narrative 170.6Mt versus reproduced 128.2Mt table; grade×tonnage does not reconcile to reported contained REE. Table retained as historical disclosure conflict, not accepted as current resource. None

2023-06-30
arr-20230927-annual-report-hc-ownershipHalleck Creek ownership

100 %

2023-06-30
arr-20230927-annual-report-la-paz-ownershipLa Paz ownership

100 %

2023-06-30
arr-20230927-annual-report-hc-tonnesHalleck Creek March 2023 resource_tonnes

1430000000 t

2023-06-30
arr-20230927-annual-report-hc-gradeHalleck Creek March 2023 resource_grade

3309 ppm

2023-06-30
arr-20230927-annual-report-hc-containedHalleck Creek March 2023 resource_contained

4731000 t

2023-06-30
arr-20230927-annual-report-hc-ndpr-containedMarch 2023 resource contained NdPr

1050000 t

2023-06-30
arr-20230927-annual-report-subsidiary-option-cancellationHistorical subsidiary options extinguished

Western Rare Earth LLC subsidiary options cancelled in FY2023; option cancellation payments to C. McAllister A$74,653 and M. Sanderson/S. Gustafson A$30,106 each. Do not preserve these cancelled interests as ongoing minority ownership. None

2023-06-30
arr-20230905-godolphin-entitlement-grl-subscriptionARR subscription in GRL entitlement offer

638000 AUD

2023-09-05
arr-20230905-godolphin-entitlement-grl-new-sharesGRL new shares acquired by ARR

15200000 GRL shares

2023-09-05
arr-20230905-godolphin-entitlement-grl-optionsGRL options acquired by ARR

7600000 GRL options

2023-09-05
arr-20230904-godolphin-investment-grl-sharesARR historical Godolphin shares held

22356451 GRL shares

2023-09-01
arr-20230904-godolphin-investment-grl-votesARR historical Godolphin voting power

13.21 %

2023-09-01
arr-20230904-godolphin-investment-costStrategic Godolphin investment approximate cost

1000000 AUD

2023-09-01
market-closeRaw daily close

0.33 AUD/share

2026-10-09
market-volumeRecorded daily share volume

118931 shares

2026-10-09
sanja-appointmentChief Technical Advisor appointment

Sanja Miskovic None

2026-09-10
sanja-novex-roleConcurrent partner role

Novex Chief Technology Officer None

2026-09-10
broker-thesisOptimistic development thesis

Domestic supply demand, scalable development and pilot de-risking None

2025-12-17
broker-conflictDisclosed relationship

Placement-manager fees received None

2025-12-17
rba-audusdUnited States dollars per Australian dollar

0.6979 USD/AUD

2026-10-09
Conflicts requiring judgment14
  • halleck_creek.study

    September 2026 release page 5 explicitly replaces the 2025 study. Select detailed 2026 NPV10 on the comparison basis; preserve historical 2025 economics as superseded evidence.

  • halleck_creek.ore_inventory

    Release page 3 compares 2025 ore of 62.3 Mt with 2026 total movement of 135 Mt under one heading. Chapter 12 and Table 18-4 on page 180 distinguish 116.4 Mt mineralized material from 135 Mt total movement; use 116.4 Mt ore mined.

  • halleck_creek.sustaining_capital

    Page 171 suggests replacement and pit development embedded in unit OPEX. Page 172 Table 17-1 excludes sustaining capital, while pages 54 and 184 say no sustaining capital is provided. The amount and completeness remain unresolved. Retain US$900.8m initial capex and flag sustaining, indirect, EPCM, owners costs and working capital for the PFS.

  • halleck_creek.resource_basis

    Page 124 labels the adopted date 07 February 2024, conflicting with page 140 labeled 2025 Update and the same quantities in the March 2025 report. Page 125 MREO grades of 994/877 conflict with March 2025 and page 140 at 904/859. Use the stable exact TREO category figures, retain the underlying 2025-02-04 disclosure date, and avoid adopting discrepant MREO grades. November 2025 CSM supporting subarea resource is separately described; no global replacement inferred.

  • halleck_creek.production_target_category

    Some economic prose mentions Indicated and Inferred material. Actual production schedules on pages 200–201 and cover page 2 say 100% Indicated mill feed and 0% Inferred. Select the detailed schedule and updated release caution.

  • La Paz whole resource and chemical basis

    The FY2026 annual p28 restatement is selected: 170.6Mt at391ppm elemental TREE with66,646,822kg TREE and80,009,510kg TREO. Underlying MRE is dated3 August2021 per presentationp17. The older reproduction does not reconcile and is retained as a documented historical conflict, not an active metric.

  • Half-year NPAT December2025

    Select income statementlossA$3,065,179. EquitymovementlabelA$3,403,633includesA$338,454optionreservecancellation; together movementsreconcileincome statementNPAT.

  • Halleck whole resource versus Cowboy State subset

    WholeHalleck2,626,501,234tresource includesCowboyState547,470,344tsubset. PreserveCSMcategoryconversioninresearchledger; noadditionandnocompetingtypedquantityfacts thatcouldoverwritewholeHalleckbasis.

  • Current CEO and technical roles

    Currentannual andAugustpresentation supersedeChrisGibbs/JoeEversinterimrolesandFebruaryDwightKinnesCTOcontext. SanjaMiskovicadvisoryappointmentownedbyparentprimarysource;advisorytitledoesnotimplyfulltimeexecutiveemployment.

  • FY2025 operating cash flow

    Current audited annual restates prior-year OCF to -A$4,427,279 versus original -A$4,421,665. Difference A$5,614 corresponds to lease interest presentation; current comparative selected, original preserved as superseded.

  • la_paz.resource_table

    The FY2026 annual p28 restatement is selected: 170.6Mt at391ppm elemental TREE with66,646,822kg TREE and80,009,510kg TREO. Underlying MRE is dated3 August2021 per presentationp17. The older reproduction does not reconcile and is retained as a documented historical conflict, not an active metric.

  • balance_sheet.cash

    Audited balance sheet and cash-flow statement both show A$16,299,550; opening A$12,485,220 plus A$3,814,330 movement reconciles exactly. Narrative A$16,299,350 is a typo.

  • study.ndpr_price

    Main 3Mtpa summary explicitly uses US$91/kg; appendix US$90.61/kg is retained as rounding discrepancy. Historical sensitivity uses the disclosed 91 base case.

  • halleck_creek.current_production_feed

    Annual summary p10 suggests the scoping production target includes Inferred resources. Current study pp1,3,177 and detailed mine schedule use100% Indicated feed and treat Inferred as waste. Select detailed current technical evidence; no Inferred production feed is assumed.