Peak Rare Earths (ASX:PEK) - Pitch Perfect

Interview with Bardin Davis, CEO of Peak Rare Earths Ltd. Recording date: 6th October 2023 Peak Rare Earths Limited (ASX:PEK) is an Australian company focused on developing the Ngualla Rare Earth Project in Tanzania. Ngualla is reportedly one of the largest and highest grade undeveloped rare earth deposits globally, with a 214Mt Mineral Resource and initial 24 year mine life. A recent Bankable Feasibility Study Update outlined robust economics including a US$1.5 billion NPV and 37% IRR. The project will produce a high-grade bastnaesite concentrate containing key magnet rare earths neodymium and praseodymium according to the company. Peak plans to develop Ngualla in stages, starting with a low capital "concentrate-only" operation producing 16,200tpa of rare earth oxide concentrate. This involves lower technical risk and leverages rising demand for high-grade feedstock as per Peak. The company has signed a Framework Agreement with the Tanzanian Government securing key rights and will target a Final Investment Decision in September 2023. Peak has also signed an offtake MOU with major shareholder Shenghe Resources. View Peak Rare Earths Company Profile: https://www.cruxinvestor.com/companies/peak-rare-earths Sign up for Crux Investor: https://cruxinvestor.com