Interview with James Durrant - RareX

The Sub11 Podcast

The podcast is an interview with James Durrant, the Managing Director of RareX, an ASX-listed company focused on rare earth elements (REEs) and phosphate mining.

James discusses his background as a mining engineer and his experience working for companies like BHP Billiton before joining RareX.

He explains the importance of REEs in modern technology, particularly in electric vehicles, wind turbines, and defense systems.

RareX's main project is the Cummins Range project in Australia, which contains significant deposits of REEs and phosphate.

The company plans to develop the phosphate aspect first as a low-cost entry point before moving into REE production.

James also mentions RareX's recent acquisition of the Khaleesi project, which is prospective for REEs, niobium, base metals, and precious metals.

The company is exploring opportunities for expansion, particularly in Saudi Arabia and Eastern Africa, to leverage its expertise and become a near-term developer of REE projects.

Key catalysts for investors in the next 12 months include drilling at the Khaleesi project, progress on the Cummins Range project's engineering and approvals, and potential strategic deals for project expansion.

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