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Our Quarterly Activities Report for the March 2024 Quarter showcases significant progress towards the development of our Ngualla Rare Earth Project. Highlights include:   ✅Advancing cooperation with Shenghe Resources for potential investment and offtake agreements. ✅Receipt of expressions of interest totaling US$176.6m in senior debt funding. ✅Identifying potential capital cost savings for the Ngualla Project. ✅Revision of the Target Final Investment Decision to December 31, 2024, aligning with funding progress and optimisation efforts. ✅Expansion of the Ngualla SML area to approximately 51km². ✅Acquisition of freehold title over the Teesside site, exploring near-term exit options. ✅Successful critical minerals exploration program, confirming high-grade mineralisation of phosphate, fluorspar, niobium, and rare earths. ✅Signing of a non-binding MOU with Minjingu Mines and Fertiliser for future phosphate supply. ✅Positive developments in rare earth prices.   Read the full report here: https://bit.ly/4aMz52V   #PeakRareEarths #PEK #ASXNews

Theobald Rwamugira

||GRI & CSRD Certified Sustainability Professional|| GHG Protocol Professional|| EU-TAXONOMY|| Local Content in Extractive sector|| Public Policy and Government Affairs||

6mo

Great news and thanks for sharing! Peak Rare Earths Kindly let me know if you may need to have the following services in your good business in Tanzania:- ●Local Content Plan-Both Annual & Quarterly as per the Local Content requirements of Tanzania. ●Sustainability report/ESG strategies as per Dar es salaam Stock Exchange and other mandory requirements from overseas markets such @International Sustainability Standards Board(ISSB),U.S.Securities and Exchange commission & TCFD... Many thanks and looking forward to guide at reasonable costs. Best Regards, Mobile:0765577929.

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