The Next Power in Rare Earths
Stock Code:
ASX: PEK
Company Exposure:
Rare Earths
Project Locations:
Tanzania
Peak Rare Earths is an ASX listed rare earth focused company focused on the development of its Ngualla Rare Earth Project in Tanzania. Once constructed, the Ngualla Project will be a large and low-cost producer of high-grade bastnaesite concentrate which will be used in a range of low carbon technologies that power the green transformation. The broader Ngualla deposit also hosts a range of other critical minerals including phosphate, niobium, and fluorspar which offers significant exploration and development upside.
Investment Highlights
- Compelling NdPr market outlook: Attractive long-term fundamentals for rare earths
- Experienced board and management team: A well-rounded leadership team with a track record in funding and developing projects
- De-risked development strategy: A bankable feasibility study (BFS) update and front-end engineering design (FEED) study have recently been completed
- World class deposit: High-grade, long-life asset with also benefits from very low levels of radionuclides
- Complete offtake solution: A binding take-or-pay offtake agreement with Shenghe for 100% of rare earth concentrate and 50% of any future downstream products
- Attractive mining jurisdiction: Tanzania has a well-established mining sector and a rapidly growing economy
- Exploration upside: The broader Ngualla deposit hosts a range of critical minerals including phosphate, niobium, and fluorspar
