RareX Forms Strategic Alliance to Build Australia’s First Gallium Supply Chain

Key Highlights:

• RareX teams up with Gega Elements for domestic gallium refining capability
• Aims to unlock value from gallium at Cummins Range and Khaleesi Projects
• Strategic move to reduce Australia’s reliance on Chinese-controlled gallium market
• RareX market cap: $16.56 million; share price steady at 1.8 cents
  
   

RareX Ltd (ASX: REE) has taken a bold step toward reshaping Australia’s critical minerals landscape, announcing a strategic collaboration with materials science innovator Gega Elements Pty Ltd. The partnership, revealed in an ASX filing on May 30, aims to develop Australia’s first integrated gallium supply chain—a significant move given China’s near-total dominance in the global gallium market.

Gallium, an essential material in semiconductors, defense technologies, and 5G communications, has become a focal point in geopolitical supply chain debates. By leveraging RareX’s gallium-bearing resources at its Cummins Range and Khaleesi Projects, and Gega’s proprietary refining technology, the duo aims to create a sovereign-controlled, environmentally responsible, and commercially viable gallium processing solution.

RareX Managing Director James Durrant described the partnership as a “science-driven path toward supply chain independence.” He emphasised that gallium is a critical input for future-facing technologies, yet its supply is overwhelmingly controlled by a single country. “Through this collaboration, we’re working to change that, building a truly sovereign solution for Australia,” Durrant said.

The agreement outlines a three-year plan to test and refine Gega’s technology using RareX’s ore samples. Success could lead to a binding commercial deal, including potential exclusivity rights for RareX over any intellectual property developed using its resources. Importantly, the collaboration also aligns with Australian industrial policy and national security objectives, as the country pushes to secure critical minerals and reduce import reliance.

RareX’s broader portfolio includes its flagship Cummins Range Project—Australia’s largest undeveloped rare earths resource with a $330 million post-tax NPV—and the Khaleesi and Piper Projects. The company also holds interests in Kincora Copper (ASX: KCC), Cosmos Exploration (ASX: C1X), and Canada Rare Earth Corporation (LL.V).

On the market, RareX shares traded flat at 1.8 cents, with a market capitalisation of $16.56 million. The stock has been range-bound over the past year, trading between 0.8 and 4.6 cents.