Highlights:

• $1 million Australian Government International Partnerships in Critical Minerals (IPCM) grant instalment received:Reinforces confidence in AR3’s execution of the grant work program.

• Total IPCM grant receipts now $1.75 million: Further $3.25 million scheduled for 2026 under AR3’s $5 million IPCM grant.

• Testwork and PFS Progressing: Metallurgical testwork and Pre-Feasibility Study (PFS) on track to deliver key insights and de-risk the pathway to production.

• Critical minerals focus: Ongoing IPCM funding supports AR3’s progress towards becoming a future supplier of both light and heavy rare earths.