MarketOpen Podcast Episode 138 - RareX Limited

Joining the podcast today is James Durrant, Managing Director of RareX Limited (ASX: REE).James joins us to discuss RareX’s latest breakthrough—Australia’s most advanced gallium discovery at the Cummins Range Project—and how it positions the company within the rapidly shifting global critical minerals supply chain.Introduction to Company For those unfamiliar with RareX, can you give us a quick overview of the company’s focus and its journey to date?Strategy RareX recently uncovered high-grade gallium at Cummins Range—how does this discovery fit into your broader strategy for critical minerals?Flagship Projects Cummins Range has been described as Australia’s most advanced gallium deposit. Can you walk us through what makes this project so unique?Market Dynamics With China dominating gallium supply and recent export bans in place, how do you see RareX’s role evolving in the global gallium and rare earths supply chain?Growth Opportunity What growth potential does the gallium discovery unlock for RareX—both in terms of project development and market positioning?Community Engagement How has RareX engaged with the local community and traditional owners around Cummins Range as you prepare for further development?Financial Position Cummins Range has a forecast post-tax NPV of over $330 million—how are you approaching funding and partnerships to bring this project into production?Industry Collaboration Are there any existing or potential collaborations with research institutions, governments, or downstream processors, particularly in response to the gallium discovery?Upcoming Milestones What are the next steps in terms of exploration, resource definition, and feasibility studies at Cummins Range?Vision of Success Looking five years ahead, what does success look like for RareX and its role in the global critical minerals landscape?