RareX Limited (AU:REE) has released an update.
RareX Limited has announced a board restructure, promoting CEO James Durrant to Managing Director and streamlining its board composition to focus on its near-term exploration endeavors and corporate cost-efficiency. Key changes include the resignations of John Young and Cameron Henry, while maintaining Jeremy Robinson as Chairman, and Shaun Hardcastle and Danny Goeman as non-executive Directors. The restructure aligns with the company’s strategic direction, including ramping up exploration at the Khaleesi Niobium Project and advancing the Cummins Range Project towards securing off-take partners.
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