Top Page
RareX Limited
(Sydney:REE)
RareX Limited (REE) vs. iShares MSCI Australia ETF (EWA)
RareX Limited Business Overview & Revenue Model
RareX Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 1.01M | 43.33K | 0.00 | 2.00M | 0.00 |
| Gross Profit | -968.60K | -620.18K | -1.42M | -136.75K | -1.50M | -48.86K |
| EBITDA | -4.43M | -2.64M | -3.99M | -10.75M | -10.61M | -5.33M |
| Net Income | -3.50M | -3.50M | -3.28M | -9.32M | -11.23M | -5.39M |
Balance Sheet | ||||||
| Total Assets | 4.48M | 4.48M | 5.48M | 7.66M | 11.83M | 9.36M |
| Cash, Cash Equivalents and Short-Term Investments | 1.75M | 1.75M | 1.94M | 4.31M | 8.23M | 4.48M |
| Total Debt | 8.64K | 8.64K | 9.43K | 240.12K | 323.13K | 385.28K |
| Total Liabilities | 700.81K | 700.81K | 1.01M | 2.14M | 2.26M | 1.13M |
| Stockholders Equity | 3.78M | 3.78M | 4.47M | 5.52M | 9.56M | 8.24M |
Cash Flow | ||||||
| Free Cash Flow | -2.71K | -2.71M | -4.18M | -7.58M | -6.54M | -4.19M |
| Operating Cash Flow | -2.71K | -2.71M | -4.18M | -7.39M | -6.48M | -3.42M |
| Investing Cash Flow | 0.00 | 0.00 | -1.01K | -211.47K | -50.78K | -1.46M |
| Financing Cash Flow | 2.43K | 2.56M | 1.75M | 3.68M | 10.28M | 5.94M |
RareX Limited Technical Analysis
RareX Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$51.14M | -11.33 | -15.50% | ― | ― | 3.79% | |
49 Neutral | AU$17.91M | -3.23 | -42.91% | ― | ― | -4.35% | |
48 Neutral | AU$51.53M | -16.67 | -12.53% | ― | ― | 40.00% | |
41 Neutral | AU$44.97M | -6.76 | -5.81% | ― | -67.81% | -244.10% | |
41 Neutral | AU$29.56M | -6.74 | -84.97% | ― | -100.00% | 8.51% |
RareX Limited Corporate Events
RareX Limited announced the successful passing of all resolutions at its Annual General Meeting held on November 28, 2025. Key resolutions included the adoption of the Remuneration Report, re-election of director Danny Goeman, approval of a 10% Placement Facility, appointment of an auditor, and renewed approval of the Employee Securities Incentive Plan. The approval of these resolutions reflects shareholder confidence and positions RareX to continue its strategic initiatives in the rare earth elements sector.
RareX Limited has announced a proposed issue of 10,000,000 performance rights as part of a new securities placement. This move is aimed at enhancing the company’s financial flexibility and supporting its strategic initiatives, potentially impacting its market positioning and offering growth opportunities for stakeholders.
RareX Limited has signed a historic mining heritage protection agreement with the Jaru people for the development of the Cummins Range rare earth, gallium, scandium, and phosphate project. This agreement marks a significant milestone, allowing for the granting of a Mining Lease and providing confidence in the project’s development potential. It represents a collaborative effort between RareX and the Jaru people, ensuring economic and social benefits for the Jaru community while de-risking the project. The agreement includes performance rights and a royalty based on production, highlighting RareX’s commitment to fostering strong partnerships and securing long-term prosperity for stakeholders.
RareX Limited has announced the completion of heritage clearance for its Khaleesi drill campaign, paving the way for a significant exploration program targeting gallium-rich clays at the Niobe prospect. The planned 3,000-meter drill program, supported by EIS funding, aims to test high-grade gallium zones within the Khaleesi Alkaline Intrusive Complex. This development could enhance RareX’s position in the rare earth and critical minerals market, potentially benefiting stakeholders by expanding resource estimates and advancing project development.
RareX Limited has successfully engaged with the Jaru Native Title holders over a three-day site visit to discuss the mining heritage protection agreement, which is set for formal endorsement in late November 2025. This agreement is crucial for securing the Mining Lease for the Cummins Range project, allowing RareX to advance its development activities, including metallurgy and potential field trials. The collaboration promises economic and social benefits for the Jaru people and the Kimberley region, with opportunities for royalties, business, and employment. The project is poised to enhance its market positioning by progressing metallurgical work and establishing strategic partnerships for mineral extraction and processing.
RareX Limited has issued 1,000,000 ordinary shares without disclosure to investors, as per the Corporations Act requirements. This move aligns with the company’s strategy to develop and optimize its portfolio of carbonatite-related projects, potentially impacting its market positioning by advancing its significant Cummins Range Project and other exploration endeavors.
RareX Limited has announced the issuance of 1,000,000 fully paid ordinary securities to be quoted on the ASX under the code REE. This move is part of the company’s strategy to enhance its financial position and support its ongoing projects, potentially impacting its market presence and offering new opportunities for stakeholders.
RareX Limited has appointed Ms. Selina Hayes as a Non-Executive Director, aiming to strengthen its alignment with U.S. strategic interests and expand its reach across Africa. Ms. Hayes, with her extensive experience in U.S. government strategic initiatives and African mining opportunities, is expected to enhance RareX’s capabilities in U.S. policy alignment, project generation in Africa, and rare-earth advocacy. Her appointment comes at a pivotal moment for the global critical-minerals sector, aligning with RareX’s strategy to build secure and transparent rare-earth supply chains.
RareX Limited has reported significant progress in its projects, notably the Cummins Range Rare Earths Project in Western Australia, which has shown high-grade gallium results positioning it as a potentially leading gallium deposit in Australia. The company is also advancing its consortium with Iluka Resources for the Mrima Hill Project in Kenya, having completed early-stage community engagement planning and securing a $50 million funding facility from GEM. These developments enhance RareX’s strategic positioning in the rare earths market, with implications for increased resource development and stakeholder engagement.
RareX Limited has announced its 2025 Annual General Meeting, scheduled to be held in person on November 28, 2025, in Subiaco, Western Australia. Shareholders can access the Notice of Meeting and related documents online, and are encouraged to vote by proxy through the company’s online platform. This meeting is a key event for stakeholders to engage with the company’s strategic direction and operational updates.
RareX Limited has announced significant results from its ongoing gallium re-assay program at the Cummins Range Project. The new data confirms the presence of high-grade gallium mineralisation, which is consistent with rare earth and scandium enrichment across the deposit. These findings enhance the project’s potential as a multi-element resource, with gallium emerging as a potential co-product alongside rare earths. The results strengthen RareX’s confidence in the continuity and economic viability of the mineralisation, potentially positioning the company as a key player in the rare earth sector.
RareX Limited has announced a change in the director’s interest notice, with James Durrant’s indirect interests being updated. The update includes the acquisition of 909,091 ordinary shares and 454,545 options, reflecting a strategic move to strengthen the company’s position in its ongoing projects. This change is part of a broader effort to enhance shareholder value and advance the company’s interests in key mining projects.
RareX Limited has announced its Annual General Meeting, scheduled for November 28, 2025, in Subiaco, Western Australia. The meeting will cover the company’s annual report and include resolutions on the remuneration report and the re-election of Director Danny Goeman. Shareholders are encouraged to participate and vote, with eligibility determined by registration as of November 26, 2025.
RareX Limited has issued 4,090,909 ordinary shares, as announced in compliance with the Corporations Act. This strategic move is part of RareX’s ongoing efforts to enhance its portfolio of carbonatite-related projects, including the newly acquired Piper Project, and to maintain its position in the critical minerals industry.
RareX Limited announced the issuance of 15 million unquoted securities in the form of options exercisable at $0.033, expiring on October 22, 2028. This move is part of a previously announced transaction, potentially enhancing the company’s financial flexibility and supporting its strategic initiatives in the rare earth sector.
RareX Limited has announced the application for quotation of 681,818 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code REE. This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, which may positively impact its stakeholders by increasing the availability of its shares for trading.
RareX Limited has announced the quotation of 3,409,091 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code REE, effective October 22, 2025. This move is part of a previously announced transaction and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the visibility and accessibility of its shares.
RareX Limited has released a holdings report for its security class REEOWC25, which are options priced at $0.035 and expiring in 2028. The report shows that the majority of the issued share capital, 99.15%, is held by 121 holders with more than 100,000 units each. The top holders include notable financial institutions such as HSBC Custody Nominees and Norfolk Capital Management, indicating a strong institutional interest in the company’s options.
RareX Limited has issued a prospectus offering up to 106,818,181 Quoted Options to participants of its May and July placements. This move is part of the company’s strategy to enhance its capital structure and provide additional value to its stakeholders. The offers are speculative in nature, reflecting the company’s focus on expanding its financial base to support its ongoing projects in the rare earth elements sector.
RareX Limited has released a presentation detailing its current operations and future prospects. The company is involved in the exploration of rare earth resources, with a focus on the Cummins Range Rare Earths Project. The presentation includes information about the mineral resource estimates and production targets, although it cautions that these are based on inferred resources and there is no certainty that further exploration will result in indicated resources. The announcement highlights the company’s strategic positioning in the rare earth industry, although it also notes the risks and uncertainties associated with mining exploration.
RareX Limited has announced the issuance of 45 million performance rights and 41 million options exercisable at $0.046, under an employee incentive scheme. This move is likely to enhance employee engagement and align their interests with company growth, potentially strengthening RareX’s position in the competitive rare earth elements market.
RareX Limited has announced the date for its 2025 Annual General Meeting, which is scheduled for November 28, 2025. A key agenda item for the meeting will be the election of directors, with nominations closing on October 17, 2025. This meeting is significant for stakeholders as it will determine the company’s leadership and potentially influence its strategic direction.
RareX Limited has announced significant progress in its metallurgical and mineralogical test work at the Cummins Range Project in Western Australia. The project is evolving into a multi-critical mineral venture, targeting rare earths, phosphates, scandium, and gallium. The ongoing studies aim to enhance mineral concentrate upgrades and develop new products like Mixed Rare Earth Carbonate and microbially derived phosphate fertilizers. These efforts are expected to position RareX uniquely in the sector, potentially offering multiple revenue streams and addressing global supply chain security concerns for critical minerals.
RareX Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. This statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, ensuring transparency and accountability in its operations. The release of this statement signifies RareX’s commitment to maintaining high governance standards, which could positively impact stakeholder trust and the company’s industry positioning.
RareX Limited has released its Corporate Governance Statement for FY2025, emphasizing its commitment to good governance practices aligned with the ASX Corporate Governance Council’s Principles and Recommendations. The statement outlines the roles and responsibilities of the Board and management, highlighting the Board’s ultimate responsibility for the company’s strategic direction while delegating day-to-day management to the Managing Director. The governance framework aims to ensure transparency, legal compliance, and effective risk management, benefiting all stakeholders.