+120m+280m+420m+560m ◆ REE SEAM
Deposit Critical Minerals — Laterite Series AASSAY VERIFIED

The ground
doesn't lie.

Neodymium · Dysprosium · Lanthanum — processing-ready laterite ore from
independently verified deep deposits. Supply chain certainty for the energy transition.

PROVEN RESERVESNd₂O₃
0kt
kilotonnes
DYSPROSIUM PURITYDy₂O₃
0.0%
oxide purity
MINE LIFEProjected
0 yrs
operating years
LANTHANUM GRADELa₂O₃
0.00%
avg. ore grade
Chapter 01 / Supply Chain

The world runs on rare earths.
One country controls the refinery.

Global REE Processing Share — 2024CRITICAL RISK
China60%
Processing monopoly
Australia9%
Mine output
USA14%
Mine + partial processing
Myanmar9%
Unrefined export
Other8%
Fragmented supply

EXPOSURE: Any disruption to Chinese processing — export controls, tariff escalation, or geopolitical shock — eliminates 60% of global separated oxide supply within 90 days. No alternative separation capacity exists at scale.

Source: USGS Mineral Commodity Summaries 2024·IEA Critical Minerals Report 2024
Deposit Advantage — Ex-China Supply
[ADV-01]

Processing-Ready Ore

Laterite chemistry bypasses conventional hard-rock crushing. Direct heap-leach extraction reduces capex by 34% vs. industry average.

[ADV-02]

Jurisdiction Stability

Operating under Tier-1 mining code with bilateral investment treaty protections. Zero nationalization risk in 40-year regulatory history.

[ADV-03]

Separation Capacity Online

Phase 1 separation plant commissioned Q2 2025. No reliance on Chinese processing infrastructure — full oxide output available for direct offtake.

Independent Assay: SGS Mineral Services

Certificate No. SGS-2024-REE-00847 · NI 43-101 Compliant

Chapter 02 / Price Stability

Spot markets punish procurement.
Offtake contracts eliminate the variable.

Deposit Offtake Framework
[OFT-01]

5–15 Year Fixed-Floor Pricing

Floor price set at 110% of 36-month trailing average. Clients capture upside above floor; downside risk eliminated.

[OFT-02]

Quarterly Delivery Certainty

Tonnage commitments locked 18 months forward. No spot market exposure. Procurement planning horizon extended.

[OFT-03]

Oxide Specification Guarantee

Nd₂O₃ ≥99.5%, Dy₂O₃ ≥99.0%, La₂O₃ ≥98.5%. Penalty clauses on non-conforming material. Third-party QA at port.

[OFT-04]

Force Majeure + Substitution Clause

Deposit maintains 90-day strategic inventory buffer. In declared FM events, substitute supply sourced from consortium partners.

NdPr Oxide — Spot Price USD/kg18-MONTH WINDOW

Aug 2023 – Jan 2025 · Representative pricing data

$88$78$69$59$49Aug 23Nov 23Feb 24May 24Aug 24Nov 24

Peak

$88

Trough

$49

Swing

80%

Chapter 03 / Verified Reserves

Third-party verified.
The numbers stand on their own.

Element
Grade
Purity
Reserves

Nd

Nd₂O₃

0.72%

99.5%

1,842 kt

Dy

Dy₂O₃

0.08%

99.0%

204 kt

La

La₂O₃

0.82%

98.5%

2,108 kt

Pr

Pr₆O₁₁

0.19%

97.8%

487 kt

Total TREO Reserve

4,641 kt

Neodymium: EV motors, wind turbine magnets
Dysprosium: High-temp magnet stabilizer
Third-Party Verification Stack

Assay Authority

SGS Mineral Services

SGS-2024-REE-00847

Resource Standard

NI 43-101 Compliant

Filed TSX-V 2024

Environmental Audit

Bureau Veritas

BV-ENV-2024-0291

Feasibility Stage

Pre-Feasibility Complete

PFS-2024-Q3

Deposit Depth Profile

0–40mOverburden
40–120mLaterite Cap
120–280mREE Enriched Laterite
280m+Saprolite / Bedrock
SEAM

Depth to ore: 120m avg. Strip ratio: 2.1:1. Heap-leach amenable.

Chapter 04 / Partnership

The deposit is proven.
The question is your position in the supply chain.

The Deposit Report contains the full pre-feasibility study, NI 43-101 resource estimate, processing flow sheet, and indicative offtake term sheet. It is provided to qualified institutional counterparties under NDA.

Report Contents

01NI 43-101 Mineral Resource Estimate (Measured + Indicated)
02Phase 1 & 2 Production Schedule — 38-year mine plan
03SGS Assay Certificate Package (847 drill holes)
04Separation Plant Technical Specification
05Indicative Offtake Term Sheet (floor pricing model)
06Jurisdiction risk matrix + permitting status
07Logistics chain: mine to port to gigafactory gate

Qualified Prospects

Procurement directors and fund managers with active mandates may request a supervised site visit. Helicopter access from regional hub. Core library and on-site assay lab included in visit program.

Schedule a Site Visit →

Access Request

Request the Deposit Report

Provided under NDA to qualified institutional counterparties only.

By submitting, you agree to receive the Deposit Report under NDA terms. We qualify all requests within 2 business days.