Mount Ridley
ASX:MRD
/
Mount Ridley

3 World Class Critical Mineral Assets Within Single Regolith Profile

Rarely does a single regolith profile host three independently defined, world class critical mineral assets. At the Grass Patch Complex, Heavy Rare Earths, Scandium, and Gallium are uniquely colocated, creating a strategically significant multi-element system with compelling potential for integrated development and extraction efficiencies.

A UNIQUE CONVERGENCE

Heavy Rare Earths, Scandium, and Gallium are independently defined yet spatially coincident at the Grass Patch Complex, enabling potential combined extraction efficiencies.

Heavy Rare Earths (HREE)

  • JORC (2012) compliant inferred MRE of 122.5Mt @ 889ppm TREO
  • 108,954t contained REO metal
  • 41% HREO composition
  • 46,810t contained HREO metal
  • Key elements: Dy, Tb, Y

Scandium (SC)

  • JORC (2012) compliant inferred MRE of 367.98Mt @ 57.2ppm Sc (87.9ppm Sc2O3)
  • 18,555t Scandium
  • 28,920t Scandium oxide
  • One of the largest scandium resources globally

Gallium (GA)

  • JORC (2012) compliant inferred MRE of 838.7Mt @ 28.3ppm Gallium
  • 24,584t contained Gallium
  • Strategically significant given Chinese export restrictions
Mount Ridley’s Flagship Project

Mount Ridley’s Flagship Project

3400km2
Total tenement package across Western Australia
35km
Distance from deep-water port of Esperance
68km
Total strike with ~80% of area currently untested
Tier-1
Western Australia Stable, secure jurisdiction
Mount Ridley

Mount Ridley Mines Limited (ASX:MRD) is advancing its Critical Mineral Projects across Western Australia. Its flagship Mount Ridley Project, located just 25 kilometres from the Port of Esperance, provides a strategic logistical advantage for future development, export, and downstream opportunities.

Complementing this is the Weld Range Project in the Mid-West region of Western Australia, covering an area of 52km². Together, these projects deliver strong exposure to clay-hosted rare earth systems and position Mount Ridley Mines as an emerging contributor to Australia’s expanding critical minerals sector.

Mount Ridley

Latest ASX Releases