Understanding the REEx Deposits Rankings:

At Rare Earth Exchanges (REEx), we’ve developed a proprietary scoring system to rank the global NdPr project/deposits based on a set of criteria aimed at assessing the most secure and economically viable investment opportunities — particularly for ex-China stakeholders.

Key REEx Ranking Notes:

Purpose of Ranking

Our ranking prioritizes what would likely be the safest and most profitable NdPr projects for investment from a Western perspective. This takes into account:

• Geopolitical risk and jurisdictional stability
• Project development stage and timeline to production
• Deposit size and scale
• Mineralogical complexity and processing viability (cost, stage, and impurity profile)

Project Selection

Where a company has multiple deposits or development phases, we include only the producing asset (or the next expected to enter production). This approach excludes long-dated or less-certain resources that currently contribute little to near-term NPV.

Exclusion Criteria

Some entities are involved in NdPr production but are excluded from this ranking if they do not own or operate a dedicated rare earth ore deposit (e.g., those refining third-party feedstock only).

Weighting Methodology

The most heavily weighted categories are:

• Mineralogy (incl. type, impurities, stage, cost)
• Project Stage
• Country Risk / Geopolitics

Data Accuracy

We’ve used best endeavours to source and verify all information from company reports, public filings, and industry sources. If you believe any detail is incorrect or outdated, please contact us at: john@rareearthexchanges.com

Disclaimer

This ranking is an editorial and analytical tool, not financial advice. All investments carry risk, and individual due diligence is essential.

Legal Notice & Copyright

© 2025 Rare Earth Exchanges, LLC. All rights reserved. This ranking, its underlying data, scoring methodology, and visual presentation are the intellectual property of Rare Earth Exchanges (REEx). You may not reproduce, distribute, or republish this content without explicit written permission. The information presented is for informational purposes only and does not constitute financial, investment, or legal advice. While we aim to ensure accuracy, REEx makes no warranties or guarantees, express or implied, as to the completeness or reliability of the data. Use of this material is at your own risk. Always perform your own due diligence or consult a licensed financial advisor before making investment decisions.