Altris Engineering to Commence Gap Analysis Leading into an Optimised Preliminary Economic Assessment for the Ashram Rare Earth Project

HIGHLIGHTS

Altris Engineering appointed as Lead Engineer for the updated Preliminary Economic Assessment (PEA) for the Ashram REE and Fluorspar Project in Quebec, Canada.

Altris will initially focus on a Gap Analysis to ascertain the work undertaken as part of the previous PEA and identify key areas required to close out the study using revised throughputs and an updated project configuration.

Following completion of the Gap Analysis, Altris will recommence the PEA closeout work packages with a target date set for the end of Q1 2026.

Ashram is already well advanced with an existing PEA study from 2015, a well-defined high-grade resource and multiple h

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