Marula Mining Share Chat (MARU.PL)

Good news it seems, but isnt this what they were fined for, sharing on telegram and not giving nig news via official rna info channel but only on socials instead? hopefully good news and hope aquis doesnt kick off again

Message from Jason this morning,

A very defining transaction being completed and which will set the story for Marula in the coming years - the mines and production needs various update RNSs shortly and of course the elephant in the room - audit and annual accounts - needs to be updated with the detailed timetable for completion which we are due from the auditors - funding in place as we have announced and of course cashflow from operations to flow through

Hi 👋

Kevin- how dare you!

Dundee Utd’s third choice goal keeper- can you please take charge of the disciplinary situation for your father. I dread to think about how awful my son would feel inheriting the savings of innocent people by the sheer scum of his father. Maynard- I feel for you

What a shameful cretinous c u nt

Where’s the accounts Jason you clown

AI thinks it and all share holders know it!

So AI thinks that Jason is full of BS.

​While Aquis may have already referred the matter to the FCA behind closed doors, consumer reports play a massive role in forcing the FCA to prioritize an investigation. You can submit a report regarding suspected market abuse directly through the FCA's official website. The Aquis report will be genuinely shocking even to experienced FCA investigators..

Why are people giving Jason the benefit of the doubt by claiming he is incompetent?

It’s far more calculated than that

This is a download link for the aquis report:

https://aqx-web-prod-s3-public-read.s3.eu-west-2.amazonaws.com/Marula_Mining_Disciplinary_Notice_April_2026_6f07e430d9.pdf

Wow wow wow

A lot to unpack here

The aquis report on Jason is absolutely damming. Holy Smokes. And I've not even read it all yet...

Shareholders are owed compensation and redress.

If you read the disciplinary notice you can see what an incompetent cowboy our Jason is.

He should be made to pay that fine out of his own pocket

Anyways, no photos or a RNS on the manganese, has Jason failed to deliver again.

That is a shame because I was looking forward to the tasty dividends.

Now where are the accounts, will we be suspended for a year and more importantly where is AI andii if only we could have some income figures from him to calm us investors down

Jesus wept, it’s all talk and bullsht until we see our money, is no other reality and those who can’t face that are delusional.

Https://aqx-web-prod-s3-public-read.s3.eu-west-2.amazonaws.com/Marula_Mining_Disciplinary_Notice_April_2026_6f07e430d9.pdf

We don’t have anything to sell. It’s all lies

Looks like good timing for the Offtake sales to Traxys to begin from our Kinusi Copper Mine, with the copper price on the up again.

gla

Would it surprise you? Wouldn’t surprise me.

On telegram, says they fell out, and other scurrilous stuff is it true?

Sad times.

Marula is already finished but Jason won't tell you. He is stringing everyone along now until something forces his hand, maybe aquis or a regulator if they exist.

Coco the clown promised we wouldn’t get suspended again but here we are 10 months later.

It must be bad as AI Andii hasn’t posted an argument to Jason being an incompetent idiot with the latest fines for being a dodgy operator.

Now I would like to think with all our new appointments we are ready as a company to move forward, but this is being run by the biggest crook on the stock market I’m still struggling to see any benefit for us long suffering shareholders.

If Jason had a turd he would post it all over social media and the fact there is no pictures on X of trucks leaving site full of manganese tells me the incompetent fool has failed again.

I hope I am wrong but history tells me yet again that Del Boy brewer has failed again.

One day he might actually achieve something, and all the delusional Jason lovers will be there singing his praises and forget about the years of lies he has told.

Dcode,

If you check RNS 0435P - 1st Jul 2025 (Delay to the publication of audited accounts for the year ended 31 December 2024) it states that the delay will only be a temporary suspension. It merely highlights just how incompetent JB is; 10 months later he implies that it was partially due to not paying monies due to Aquis, something all companies would deem as routine & certainly not something that they would admit to overlooking.

Unfortunately, the longer the Co is suspended & JB continues to make no headway to rectify the problem, the stronger the likelihood is that the Co will be "struck off". The fact that JB seems incapable of actually delivering production in any of the proposed projects, only makes a bad situation worse.

I recall giving up on the fact out dear CEO having a decent bone in his body

32 ins in.....supply/demand for manganese.......https://www.youtube.com/watch?v=TK6GcmZFeOs

Afc what the fck? We can dream.

Manganese RNS Tuesday morning.

Copper RNS ahead of schedule- hopefully w/b 18th May

Accounts RNS before the end of the month

Cheeky Blesburg RNS inbound, sandwiched between the above.

Boom

JB has obviously failed to deliver the promised 5000t of Manganese by the end of Apr. Perhaps I was expecting too much, JB is only 1 year behind schedule. Does anyone seriously believe that he will meet the deadline for the copper delivery by the end of May? Again, that is only 1 year behind schedule. JB has the unique distinction of being CEO of various companies that are suspended more days that they actually trade & it is always someone else's fault. In another couple of months, Marula will be suspended for 1 year. How can any shareholder have any faith in what he says; he is an habitual liar, he has never met 1 deadline that he himself has set & it is always someone else's fault. Marula was suspended for 10 months & JB claims that they were unaware that money was due to the Exchange that they are trading in during that period. When the new board took over at Neo, they ousted JB & his cohorts, they obviously wanted rid of any "dead wood". The SH over in Neo were delighted when he left & the share price got a substantial lift. Perhaps that is what Marula needs, I don't see how anyone could run a Co as inefficiently as JB.

Great news from Marula today they having finalised a plan for a roadmap for a pilot to recycle batteries, the $500,000 they will spend on this will likely be after they repay Riverfort $750,000 due next week. TG group delighted in parts, someone called it vertical integration and someone else says “it shows a company making material progress”.

Twenty twenty never

When is marula going to start trading again?

Put money and finance and investments aside, isn’t it very unedifying, deceptive and grubby? Anyone in touch with the Chair Lloyd or with Alphonsus who seems to retweet everything, and wants to raise this. A line is crossed I think

Interesting. Cheap tactics to try seem more legitimate.. while he's not paying bills and being fined for a host of disgraceful reasons. The honourable president would do well to steer clear of him.

I see Marula posting pics of Jason with the kenya president on same day Marula was investigated disciplined and fined. Isn’t it very disrespectful to expose the president to this (probably unknowingly) and shouldn’t it require a bit more humility.

Are these real people doing real jobs? Without ANY VISIBLE ACCOUNTS HOW DO WE KNOW ANYTHING IS REAL? I can’t work out what they do, day-to-day. What was Kev doing before his promotion? What was the old CFO up to? Certainly nothing accounting wise. P&L sheets are much easier with zero income. Balance sheets are what is being hidden from us. Who owns what? Was money really injected into the company via Q running a mile? No accounts. Pictures of people wearing high viz and hard hats without a single bit of dust on them. No real pictures of any mine. No understanding of what we own in terms of machinery. No word on funding. No sales.

Wouldn’t it be wonderful to spend a few quid on some drone footage of our assets instead of wasting money on hundreds of nothing RNS.

I merely posted what some one posted and it was they who had spoken with Jason. Not me. Just relaying what was apparently said according to the TG poster. I see there and Neo also now discussing Richard the Marula chairman who ought to have some accountability too

Can you confidently say a manganese project is in operation? Can you confidently say a copper project to start in May?

All of this comes from the same source who has proven to be wholly unreliable /untrustworthy (carrot dangling)

One manganese project in operation. Copper project about to start in May.

Cashflow and sales is king.

It's even more comical because his catchphrase is "u can always contact me to discuss issues" 🤣🤣

What kind of character doesn't pay his aquis fees for 3 years? That's absolutely pathetic.

Jason Brewer didn't pay his aquis fees and then he stopped responding to them. Class act.

Coco the Clown, it is too easy to dismiss it as incompetence. It is far more calculated than that. It is more like Freddie the Fraud

So I posted a message referencing the RNS posted by our CEO. It got deleted within 10 mins.

Here’s the RNS. I’m not surprised that the corruption dictates my opinion is too dangerous for people to read.

This 28 April 2026

Corporate Governance Update

Marula Mining PLC (AQSE: MARU A2X: MAR) provides an update on the ongoing development of its corporate governance framework, systems and controls. This programme of work is embedded within the Company's operations and is continuously evolving to reflect best practice as Marula Mining expands throughout East and Southern Africa. The Company remains committed to maintaining and enhancing its governance framework, systems, and controls on an ongoing basis, ensuring compliance with statutory and regulatory obligations.

The newly appointed Company Secretary has led a review against the Quoted Company Alliance Corporate Governance Code. This review has enabled the Company to identify opportunities for improvement and ensure its governance remains robust and forward-looking.

Strengthening Core Processes

Building on its governance framework, the Company is refreshing its Board and Committee calendars, standardised Board pack structures, and improving the quality of Board papers.

As part of its annual review, the Company has updated its Terms of Reference and governance documentation, strengthened insider list and share dealing procedures, and reviewed key policies to ensure continued compliance. The review of Policies and Procedures, together with Board and Committee Terms of Reference, has been completed and will be published following Board approval.

Jason Brewer, Chief Executive Officer of Marula Mining Plc, said:

"Whilst the Company continues to develop its operations throughout East and Southern Africa, the Company has to continue to demonstrate its commitment and to meet best corporate governance practices and compliance with its statutory, regulatory and governmental reporting obligations.

"The prolonged and continued suspension in trading of the Company's shares on the Aquis Stock Exchange is unacceptable and cannot be repeated as we need to ensure that we are able to restore shareholder and regulator confidence in the Company and its systems, controls and processes.

"This ongoing work, led by our newly appointed Company Secretary and Compliance Officer, is critical to the future success of the Company and is a key focus going forward."

The Directors of Marula are responsible for the contents of this announcement.

ENDS

How much money has Andii, Chuggs, Dave N, Marcus, Kevin, Nish etc etc lost? Going back to the Blesberg story of low hanging lithium fruit, all marula had to do was crush and screen the tailings. What happened? A lot of people seemed to invest a good amount in marula going back to that time. Jason walked the whole company right up to that, we had the machines there no? Then what happened? Nothing. Forgotten about and replaced with another narrative of a different commodity which also goes on to be forgotten about right when all social media pumping is completed. Wrong wrong wrong!

I looked back on the two RNS that involved our Tomra- remember that. Both those came with an issue of equity 😵‍💫

Tbh even aquis are kinda lame for not just delisting this joker entirely. I am surprised they still give him a platform on aquis. I would imagine they are allowing him to get away with just a fine because they are trying to help the poor shareholders trapped in this nightmare.

1 Jul 2024 07:00

RNS Number : 4819U

Marula Mining PLC

01 July 2024

Marula Mining PLC

("Marula" or the "Company")

1 July 2024

Delay to the publication of audited accounts for the year ended 31 December 2023

&

Temporary suspension

Marula Mining (AQSE: MARU, A2X: MARU) an African focused mining and development company, announces a delay to the completion and publication of its audited accounts for the year to 31 December 2023. Accordingly, pursuant to Rule 5.1 of the AQSE Growth Market Apex Rulebook, a temporary suspension of trading in the Company's shares will take effect from 08:00 today (1 July 2024).

The Company anticipates that it will be in a position to publish its final results shortly, following which trading in its shares will be restored. A further announcement will be made in due course.

1 July 2025

Delay to the publication of audited accounts for the year ended 31 December 2024

&

Temporary suspension

Marula Mining PLC (AQSE: MARU A2X: MAR) an African focused mining and development company, announces a delay to the completion and publication of its audited accounts for the year to 31 December 2024. Accordingly, pursuant to Rule 5.1 of the AQSE Growth Market Apex Rulebook, a temporary suspension of trading in the Company's shares will take effect from 08:00 today (1 July 2025).

The Company anticipates that it will be in a position to publish its final results shortly, following which trading in its shares will be restored. A further announcement will be made in due course.

Good attempt to change the subject on the chat Carp.

This company is the dodgiest scam out there

That is absolutely absurd Capt.

If the man can’t find the time to pay the rent- he is not capable of staying in the building. Simple.

How can we expect him to build a business when he can’t post a letter. The amount needed each month to pay out exchange is pennies. How much do we spend flying this man about Africa and the Uk for him to skip the basics. It’s absolutely disgusting. I’m very angry

Now his focused on Marula and not spread too thin these matters can be addressed swiftly .

On the ground operations are ramping up it seems

If JB can get the product to market and cash coming in, then when MARU does get relisted the SP will rerate significantly imo.

a few more weeks waiting is fine by me.

gla

All the news and talk is worthless.

As already said, sort the accounts and start trading again, what the actual fck.

JB just posted on X. made a comment about "tungsten production" ...

htTps://x.com/JB_MiningAfrica/status/2047299886345859301

gla

If our assets really are worth something JB needs to be kicked out of this company and a serious person installed. We are dealing with a non professional at the wheel. This shouldn’t happen.

I’m flabbergasted. A 7 page document with breach after breach after breach.

Excited to hear the thoughts of our Bull merchants on this RNS. I’m sure they can find a way to spin a positive out of our CEO collecting his massive salary whilst not even paying the fee’s to be a listed company for over 200 days.

JB has zero shame. I wouldn’t employ him to cut my grass

Wow what a piece of work he is. That's Jason Brewer's character nicely summarised by aquis as pretty pathetic overall.

During the investigation of matters set out in this notice, the Company failed to

provide information to the Exchange when requested to do so, in breach of Rule 3.4.

In one instance, this required the Exchange to make enquiries of other regulatory

bodies to obtain the information it requested. The Company held out that the failure

to provide information when requested was the result of a misunderstanding.

Breach of Rule 3.10 – Payment of Fees

The Company consistently failed to pay fees when due over a period of three years.

4. PRIOR NOTICE OF REGULATORY FAILING

In determining the sanction, Aquis has taken into account the Company’s repeated

breaches of the Aquis Rules. Additionally, Aquis has taken into account the two prior

Notices of Regulatory Failing issued by Aquis to the Company in June 2024 and August

2025.

Any questions regarding this Notice should be addressed to: aqseregulation@aquis.eu

Being seen as a high-achiever than actually being one.

On TG someone called Philip asked Jason about the accounts and the admin a Dave N replies by pointing back to a non-answer post by Jason. When will these TG cult groups be answerable and actually behave like godly Jason demands? With quality, respect and factual debate. imo long time gone to the TG groups such as the one with Admin Dave N. Jason will you lance that boil and open the group up to real debate or why do you engage there when it is against your stated principles and morals, can’t circle the square without some real honesty.

Can I just clarify- I am an invested shareholder. I am not on a crusade to relentlessly bash my company. However, what our CeO comes out with is simply remarkable. Sadly, I have to agree with Dcode and what he says.

“What to make of a CEO of a company that has missed every target it has set multiple times and yet very same CEO is saying this BS. Can’t take that seriously or indeed might have to question if it is a mentally rational comment to make. Seems off the scale mad to me.”

““Must admit I always try and set a high benchmark as to what I want to see delivered on behalf of shareholders.””

JB is bonkers 🤪 His publicly listed company is generally suspended, more often than not.

The elephant in the room is what I mentioned a few weeks back. I’m glad JB is reading the posts here at least. Give your head a wobble and read all your pointless RNS back- embarrassing

From CHATGPT but make up your own minds. Who knows? ChatGPT says It is a fascinating bit of "CEO-speak." To understand whether it’s narcissism, delusion, or just standard corporate posturing, we have to look at the gap between the intent and the result.

Here is a breakdown of what that statement typically signifies in the context of a "failure CEO."

1. The "Shield of Intent"

When a leader fails but emphasizes their "high benchmarks," they are often using their intentions as a shield against their outcomes.

• Significance: It’s a psychological defense mechanism. By focusing on the ambition of the goal, they attempt to frame the failure as a result of the goal being "too grand" for others to achieve, rather than a lack of competence or execution on their part.

• The Subtext: "I didn't fail because I'm bad at my job; I failed because I care too much about excellence."

2. Is it Narcissism?

It certainly leans that way. Narcissism in leadership often manifests as Grandiosity.

• The "Visionary" Trap: Narcissists often believe that having a "vision" or setting a "benchmark" is the same thing as doing the work.

• Externalizing Blame: If the benchmark wasn't met, a narcissistic leader rarely looks inward. They imply that the market, the employees, or the "shareholders' expectations" were the variables that failed to align with their superior standards.

3. Is it Delusion?

This depends on the decoupling of reality.

• Operational Blindness: If a CEO sets a "high benchmark" that is mathematically or operationally impossible given the company's resources, it is delusional.

• The "Shareholder" Virtue Signal: Invoking "shareholders" is a classic way to claim the moral high ground. It suggests they were a martyr for the cause of profit, even if their actions actually destroyed value.

The Verdict

The phrase "Must admit I always try..." is the giveaway. It’s self-referential and seeks validation for the effort of setting the bar, rather than taking responsibility for the fact that the company didn't clear it.

In short: It signifies a preoccupation with self-image. Whether it's clinical narcissism or just a high-level coping mechanism, it reveals a leader who is more interested in being seen as a high-achiever than actually being one.

What to make of a CEO of a company that has missed every target it has set multiple times and yet very same CEO is saying this BS. Can’t take that seriously or indeed might have to question if it is a mentally rational comment to make. Seems off the scale mad to me.

“Must admit I always try and set a high benchmark as to what I want to see delivered on behalf of shareholders.”

"Good afternoon.

Back from some time on the coast and at Kilifi.

Always good to see the progress first hand and also to see the broader landscape there in that Kilifi Manganese Belt.

Must admit I always try and set a high benchmark as to what I want to see delivered on behalf of shareholders.

Have posted a few photos from site and videos too which reinforce the message and content of recent RNSs on activities there.

Further updates to follow given we have released news on the planned sales under the Baosteel Agency Framework Agreement."

21 months of toil, anguish and labor later

https://x.com/i/status/2044710173156004339

And u really think those deliveries will happen?? 🤣🤣

Copper price is on the rise again - all looking good for the Initial deliveries that are scheduled to commence next month to our major shareholder Traxys.

gla

You mean hunched back

Yup. It will all go private. The big boys get all their money back after enjoying their salaries from the past few years. The assets, get sold on into the merry go round, for a fraction of what we were led to believe they were worth and the BOD move on to their next “project”.

That is my prediction. Based on a hunch.

T

What a stock!

The grim reaper has marula mining in his sight. I predict the next stop is delisting from the prestigious aquis exchange. But not to worry, Jason will be working on all the amazing project while marula is privately held. You'll have his word.

Hahaha AFC

I like Garrison. I will use that when my wife and mother are not calling me by my actual name.

Anyways AFC. Football I looking a bit rough for you. Hope Arsenal don’t pull a Jason and fxxk it right up. But like marula arsenal are due achieving something, let’s hope the managers are up for the job.

Sorry Hoof my friend but AI has rumbled you here….

While there is no formal rule that horses are "called" Gary, the name appears in several notable equestrian and pop-culture contexts:

"Gary" the Dressage Horse: A dressage-bred horse officially named Starbucks is affectionately known as "Gary." He gained fame for helping the Brazilian team qualify for the Tokyo Olympics at the Pan American Games.

"Only Fools and Horses" Reference: There is a long-standing joke in British pop culture stemming from the sitcom Only Fools and Horses. In a 2002 Christmas special, Del Boy and Rodney encounter a stowaway they dub "Gary," and the specific, repetitive way they shout the name became a viral cultural meme.

Racehorse Names: Gary and Gary D are actual names given to registered thoroughbred racehorses.

"Gee-Gees" Slang: Horses are frequently called "Gee-Gees" in British English. While phonetically similar to "Gary," this term is slang derived from "Gee-up", a command used to get a horse to move. Legend also links it to Henry Gee, a 16th-century mayor of Chester who established horse racing there.

Are you looking for more slang terms for horses, or were you thinking of a specific character from a show or movie?

The size (total tonnes due) of the original trial shipments is actually not disclosed in the RNS's, so its not possible to work out the exact price per ton of 5% spodumene ore being sold to Traxys. It was likely linked to the marketnprice of spodumene meaning if the price dropped, subsequent shipments would need to be larger.

Here are the two relevant RNS's

$2.5m prepayment as part of a $5m transaction for 5% lithium spodumene

https://www.aquis.eu/stock-exchange/announcements/3799106

Cancellation of the transaction for $2.75m of shares at 14p

https://www.aquis.eu/stock-exchange/announcements/4273979

The Traxys 2022 prepayment was for a trial shipment of 2000T. That was an initial transaction which was forming part of their due diligence. There was no long term offtake agreement signed in 2022, or 2023 with Traxys.

$2.5m for 2000T of material = $1250 per ton. It probably costs $500/t to process and deliver.

Those prices were agreed end of 2022 when lithium was at its peak. By middle of 2023, lithium prices had halved.

https://www.fastmarkets.com/insights/facing-the-tightening-lithium-supply-challenge-in-2025/

Selling a DSO, direct sorted ore product only works if the comodity price is sky high, and shipping costs are nice and low, and the operation is large for economies of scale. Blesberg stockpiles, at early 2023 prices, would be worth $1250 a ton DSO, but carry out some sorting using an XRF sorter like Rados and Tomra's, you can increase the grade say 50%, you can sort out high value byproducts like tantilum, and sell the sorted lithium for $3000/t

These changes and halt to the "trial shipments to china" all happened around the same time that Quinton became involved in Marula. Quinton was going to own over 30% of the company and fund both Blesberg and Kinusi, including exploration programmes all the way to initial production.

If Marula had gone ahead with Traxys, selling only DSO product, at second half of 2023 lithium prices, they would be giving away high value tantilum, medium grade unsorted lithium for less than $1250 a ton which would be basically break even for Marula. Hence the need to think big and install a Tomra and a Rados. They almost got there by april 2024 woth just Rados working but the price of lithium was then approaching $1000/t down from over $3000/t a year before, and the price to transport ore in south africa had sky rocketed.

There was no magic wand to be able to turn a DSO operation into a processed higher value lithium spodumene operation in kess than a year on a tight budget at Blesberg. Thats the hard cold facts and calling Jaspn a failure and a compulsive lier is not going to do anyone any good when the economics of a mine fall apart due to a falling comodity price.

Did you listen to the youtube videos yet Gary? I would like you to familiarise yourself with the high risk of junior mining companies and difficulties in succeeding in Africa. Maybe then you will go into future investments in micro cap miners with your eyes wide open and we can cut out these silly childish arguments when things dont go to plan

Firstly rent free in mollys and andii’s rose tinted deluded minds.

Molly darling, did you hit the Prosecco early yesterday, got brave and typed out complete garbage.

Still trying to work out what you’re trying to say.

But molly what I said isn’t incorrect.

Jason had a contract to deliver material, they had stock piles there, the money had been paid.

Unfortunately up steps the specialist in failure, our very own clown Jason and proper fxxked it up.

Traxcys had no other choice but to take shares, there was no money left for them to take back.

Do you not think they did DD back then.

Andii you silly sausage, have you lost the plot. Wtf

Worming horses, I didn’t really read it but is it more of your AI garbage and mainly is it relevant to Del Boy trotters list of failures.

Anyways what are yous 2 thoughts on our new accounts failure director.

You really couldn’t make it up.

Do you think Jason keeps doing these silly mess ups for a laugh.

July 2025 Traxys secures $1.8b credit facilites to persue mineral project offtakes around the workd

https://www.traxys.com/detailnew/173/traxys-s-a-r-l-usd-1-815-000-000-multicurrency-syndicated-revolving-credit-facility

Here is a nice statement on the levels of DD and responsible supply chain management with companies thet choose to work with. Quite a glowing endorsement if they chose to commit now to two of Marulas projects. 30 years of experience operating in Africa. And tungsten and tantilum is specifically mentioned. Maybe they could still be in the running for something at - maybe... Blesburg...?

https://www.traxys.com/detailnew/177/statement-on-responsible-supply-chain-management-proactive-due-diligence-measures

Hoof you are yet again incorrect.

They were given 5% because of thr original failed delivery years ago yes. A contract is a contract.

However they still have thay hlskkng today because they have faith in where the company is going and that the value will go up. They could have sold at any point if they thought differently and they know more about the projects than most.

Have a nice day you clown. Not long before deliveries commence and you can disappear into your troll cave for good Gary.

Project Vault is a $12 billion U.S. strategic critical minerals stockpile, announced by President Trump in February 2026, aimed at reducing dependency on China and protecting defense/industrial supply chains. Led by EXIM Bank (with a $10B loan) and private partners, the initiative serves as a market backstop to ensure materials for defense, automotive, and technology sectors.

Key Details of Project Vault:

Purpose: To prevent supply shortages of crucial materials—like rare earths, copper, and gallium—used in military tech, electric cars, and infrastructure.

Funding & Structure: The initiative is financed by a $10 billion loan from the Export-Import Bank of the United States (EXIM) and roughly $2 billion in private capital, creating a public-private partnership.

Partnership Structure: Rather than a simple government agency, it is structured to involve trading companies like Hartree Partners, Traxys North America, and Mercuria Energy Group to manage the procurement.

Market Impact: It is designed to act as a buffer against supply chain shocks, allowing the US government to buy materials when prices are low and release them when supplies are tight, effectively strengthening domestic manufacturing security.

Interesting article regarding Rainbow Rare Earth and our new Kinusi copper offtake partner Traxys.

htTps://uk.finance.yahoo.com/news/rainbow-rare-earths-11-1m-053003410.html

"Having somebody like Traxys on board, which is a partner to Project Vault — a $12 billion strategic fund set up by the US government — is very significant"

gla