Episode: RareX Limited (ASX: REE) Operational Update, Cummins Range Metallurgical Program Announcement Date: 13 July 2026 RareX Limited has released new metallurgical testwork results from its 100 percent owned Cummins Range Rare Earths and Phosphate Project in the East Kimberley region of Western Australia. This episode breaks down what the results mean for investors considering the stock. Key results covered in this episode: SGS Lakefield flotation testwork achieved a 9.5 times upgrade in total rare earth oxide grade, producing a concentrate grading 25.15 percent TREO from a 2.85 percent TREO feed sample. A rougher concentrate graded 6.41 percent TREO at 74.6 percent recovery. Mineralogical analysis identified monazite liberation as the primary constraint on recovery, giving the technical team a clear target for Phase Two optimisation. Gega El ...