AR3 receives A$708k Government R&D Incentive

AR3 has received a A$708k Research and Development Tax Incentive (RDTI) for the work being undertaken at its Koppamurra rare earth project in South Australia. The incentive takes the form of a cash rebate and is validation of the innovative work that AR3 is doing to support the achievement of the Federal Government's Critical Minerals Strategy 2023-2030 objectives.

The Company is undertaking extensive metallurgical research and process development activities to optimise how rare earths will be extracted from the Koppamurra Project. This work is a key component to commercially developing the project, as a secure and reliable source of Australian rare earths, in the future.