Ecora Resources PLC Announces Phalaborwa Rare Earths Project Update

Rhea-AI Summary

Ecora Resources PLC (OTCQX:ECRAF), a critical minerals focused royalty company, reported an update regarding the Phalaborwa rare earths project in South Africa. The company holds a 0.85% Gross Revenue Royalty on the project. Rainbow Rare Earths Limited, the project operator, announced successful results from their ongoing test work at the site.

The announcement represents continued progress in the development of this strategic rare earths asset, though specific details of the test work results were not disclosed in this release.

Positive

• Company holds a 0.85% Gross Revenue Royalty on the Phalaborwa rare earths project
• Successful test work results reported by Rainbow Rare Earths

Negative

• None.

LONDON, GB / ACCESS Newswire / September 22, 2025 / Ecora (LSE/TSX:ECOR)(OTCQX:ECRAF) a critical minerals focused royalty company, notes the press release issued today by Rainbow Rare Earths Limited ("Rainbow") announcing further successful results from the ongoing test work for the Phalaborwa rare earths project in South Africa.

Ecora holds a 0.85% Gross Revenue Royalty on the Phalaborwa project.

The full announcement from Rainbow can be viewed here: https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=7806447&lang=en-GB&companycode=uk-rbw&v=r2022

For further information

Ecora Resources PLC	+44 (0) 20 3435 7400
Geoff Callow - Head of Investor Relations
Website:	www.ecora-resources.com
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis	+44(0) 20 3727 1000 ecoraresources@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ecora Resources PLC

View the original press release on ACCESS Newswire

FAQ

What is Ecora Resources' royalty stake in the Phalaborwa rare earths project?

Ecora Resources holds a 0.85% Gross Revenue Royalty on the Phalaborwa rare earths project in South Africa.

What did Rainbow Rare Earths announce about the Phalaborwa project in September 2025?

Rainbow Rare Earths announced successful results from their ongoing test work at the Phalaborwa rare earths project.

Where is the Phalaborwa rare earths project located?

The Phalaborwa rare earths project is located in South Africa.

What type of company is Ecora Resources ECRAF?

Ecora Resources is a critical minerals focused royalty company that invests in mining projects.