The Company’s flagship project is the Goschen Project, that has a substantial rare earth deposit of 413,107 tonnes of total rare earth oxide (TREO), with an accompanying world-class mineral sands resource, located in the premier mineral sands province in North-West Victoria, Australia. Goschen has a current Proved and Probable Ore Reserve of 199Mt. The scalability of the project is underpinned by a significant Mineral Resource inventory 629Mt, comprising measured, indicated, and inferred resources with further resource expansion potential.