The Mt Edon Critical Minerals Project is located within the highly prospective Paynes Find Greenstone Belt of Western Australia and hosts one of the world’s largest rubidium Mineral Resources. The Project benefits from a granted Mining Lease and a Mineral Resource of 4.3Mt @ 0.23% Rb₂O and 0.10% Li₂O, including a higher-grade component of 1.56Mt @ 0.31% Rb₂O.
Everest Metals is advancing Mt Edon as a primary rubidium development project, supported by proprietary Direct Rubidium Extraction (DRE) technology, permitting activities and ongoing development studies. Recent metallurgical programs have achieved rubidium recoveries of up to 97% and successfully produced Rubidium Chloride (RbCl), supporting the Project’s potential as a future source of strategic rubidium supply.
- World-Class Rubidium Resource: Updated Mineral Resource of 4.3Mt @ 0.23% Rb₂O and 0.10% Li₂O, with 63% classified in the higher-confidence Indicated category
- Advanced Development Pathway: Granted Mining Lease, progressing permitting activities and ongoing technical studies supporting future development
- Strategic Mineral Exposure: Positioned to participate in growing demand for secure and diversified rubidium supply chains
- Proprietary DRE Technology: Direct Rubidium Extraction process achieving recoveries of up to 97% and producing Rubidium Chloride (RbCl)
- Patent Protection Pathway: International Patent Cooperation Treaty (PCT) application lodged covering Everest’s DRE technology
- Established Infrastructure Access: Located within a well-serviced mining region with access to existing road, rail and port infrastructure
