Record Production Achievement
Exceeded 2,000 tonnes of production for the first time in the quarter, with expectations of continued record production each month.
Heavy Rare Earths Production Milestone
First commercial production of dysprosium oxide and terbium oxide at the new production line in Malaysia, marking the first commercial production of separated Heavy Rare Earths outside China in many years.
Successful Project Completion
Mt Weld expansion project major construction completed on time and on budget, with the first wind turbine installed and solar farm completed.
Strategic Partnerships
Signed MOUs with the Kelantan Menteri Besar Inc. and JS Link for upstream and downstream asset development in Malaysia and Korea, respectively.
Positive Market Outlook
Significant positive moves in rare earth pricing, with potential to leverage current assets during market upturns.