Pilot plant preparations accelerating

AR3 progresses ANSTO pilot-scale program with ore ready for shipment

Highlights:

• ~30 tonnes of Koppamurra ore prepared and ready for shipment to ANSTO, marking transition to pilot-scale execution.

• First to use ANSTO’s new pilot-scale facility in Sydney, shortening development timelines while reducing capital costs and execution risks.

• Pilot operations on track to commence late Q2 2026, a key catalyst in advancing Koppamurra toward commercialisation.

• Production of Mixed Rare Earth Oxide (MREO) to support offtake discussions, product qualification and strategic partner engagement.

• Pilot program to deliver critical scale-up and engineering data, further de-risking flowsheet and informing bankable feasibility studies.

• Near-term catalysts building through 2026:

  • Pre-Feasibility Study (PFS) (Q2)

  • Pilot plant commencement (Late Q2)

  • Mining Lease application targeted later this year

• Accelerating global rare earth demand and policy support for supply chain diversification are very favourable tailwinds for Koppamurra.