Summary of resource growth through 2025 to 572Mt at 1,506ppm TREO plus 439Mt at 38ppm gallium, the ANSTO gallium and scandium recovery pathway, and funding for the 2026 validation program.

Axel REE Progresses Caladão Project Toward ISR Field Trial In BrazilAxel REE advances Caladão ISR trial in Brazil as December 2025 resource climbs to 572 Mt at 1,506 ppm TREO; company funded for 2026 validation.https://smallcaps.com.au/article/axel-ree-progresses-caladao-project-toward-isr-field-trial-in-brazil