Announcement • May 03
Harena Rare Earths plc Appoints Jack Allardyce as Chief Financial Officer, Effective April 30, 2026 Harena Rare Earths Plc announced the appointment of Jack Allardyce as Chief Financial Officer with effect from 30 April 2026. Jack has been working as Interim CFO since January 2026, during which time he has played a key role in the strengthening of the Company's financial and capital markets capabilities. Jack has substantial listed company experience, with a strong track record as a CFO and senior finance executive across the natural resources sector. He has extensive experience in capital markets, corporate finance, stakeholder engagement, and working with UK and international investors, and has supported a number of publicly listed companies through key growth and transactional phases. Announcement • Feb 18
Harena Rare Earths Plc has completed a Follow-on Equity Offering in the amount of £2 million. Harena Rare Earths Plc has completed a Follow-on Equity Offering in the amount of £2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,909,090
Price\Range: £0.022
Transaction Features: Subsequent Direct Listing Announcement • Jan 27
Harena Rare Earths plc Announces the Highlights from Its Completed Pre-Feasibility Study Harena Rare Earths PLC announced the highlights from its completed pre-feasibility study. The PFS represents an important advancement in the development of the Ampasindava Project, confirming its technical viability and providing a robust economic and operational framework to support the next phase of project progression. The PFS was compiled by the Company with leading global engineering group SGS engaged to support technical inputs to the PFS and also to conduct an update of the 2023 Mineral Resource Estimate to JORC 2012 standard. The PFS HIGHLIGHTS: Robust technical and economic viability for long life heap leach operation: Total rare earth oxide (TREO1) of ~71kt, over a measured 20-year life of mine (LOM); Plant throughput set at 5Mtpa (dry) at average grade at 1,500 ppm TREO supported by independent metallurgical test work; Pre-production capital cost estimate of USD 142 million, including 25% in EPCM (engineering, procurement and construction management) and funding costs; Annual TREO production estimate of 4,000 tonnes per year; Annual oxide (NdPr + DyTb) production of 1,700t per year (29,670t for 20 years); deg Ratio of magnetic rare earth oxide (Magnet REO2) yielded to TREO despatched at 41%; Excellent economic returns modelled using analyst sourced long term pricing; Undiscounted LOM free cashflow of USD 1.0 billion post-tax; Pre Tax NPV 10 of USD343.7 million; Pre Tax IRR of 34%; Post Tax NPV 10 of USD249.6 million; Post Tax IRR of 30%; Payback period of 4 years; Outstanding financial metrics based on current publicly sourced consensus rare earth pricing; Undiscounted LOM free cashflow of USD 2.6 billion post-tax; Pre tax NPV 10 of USD 6 billion post-tax; pre Tax NPV 10 of USD 6 million; Post Tax IRRof 30% (Consensus pricing more optimistic in later years); Pre Tax NPV10 of USD464.3 million; Post Tax IRR Of 27%; Payback period of 5 years; Economic outcome summary The Company has modelled the Ampaindava Project's economics using two sets of rare earth oxide price forecasts. The sustainable and rapid remediation heap leach extraction model will serve to enhance the local, regional and national economy with no lasting impacts on the environment. The sustainable and rapid remedization heap leach extraction model will serves to enhance the local, regional & national economy with no lasting impact on the environment. 
