RareX Limited Announces Strategic Board Reorganization

RareX Limited (AU:REE) released an update.

RareX Limited has announced a restructuring of its board, promoting CEO James Durrant to Managing Director and streamlining its board composition to focus on its near-term exploration efforts and profitability. Key changes include the resignations of John Young and Cameron Henry, while retaining Jeremy Robinson as Chairman, and Shaun Hardcastle and Danny Goeman as non-executive directors. The restructuring aligns with the company’s strategic direction, including increasing exploration at the Khaleesi Niobium Project and advancing the Cummins Range Project with a view to securing offtake partners.

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