RARE EARTHS AMERICAS Business Summary

Rare Earths Americas Inc. (REA) is an exploration-stage mining company focused on the acquisition and development of high-grade heavy rare earth element (HREE) projects across the United States and Brazil. The company does not currently generate revenue, as its business model centers on the systematic exploration and resource definition of its core assets to establish a secure, ex-China supply chain for critical minerals used in permanent magnets, electric vehicles, and defense technologies. REA operates through two primary geographical segments: U.S. Mining Operations, headlined by the Shiloh and Foothills projects in Georgia, and Brazil Mining Operations, which includes the Alpha and Constellation ionic clay projects. Within the competitive landscape, REA contends with established producers like MP Materials and Lynas Rare Earths, as well as developers such as USA Rare Earth and American Rare Earths. REA distinguishes itself as a high-growth junior explorer specifically targeting ionic clay-hosted HREE deposits, positioning it as a strategic early-stage alternative to larger, light rare earth-dominant peers. The company is led by founding Chief Executive Officer Donald S. Swartz II, who previously served as CEO of American Rare Earths Limited and held senior leadership roles at Westmoreland Coal Company. The executive team includes Chief Operating Officer and General Counsel Jennifer Grafton, formerly of E2open, and Chief Accounting Officer Cheryl Kerr, who brings extensive financial experience from Lumen Technologies. The board is chaired by Dan Shribman, Chief Investment Officer of B. Riley Financial, providing a strong capital markets foundation for the company’s technical operations. Other notable board members include Keith D. Phillips, CEO of Piedmont Lithium, and Reta Jo Lewis, President of the Export-Import Bank of the United States. Following its $63.3 million initial public offering in May 2026, the company remains backed by a mix of institutional investors and strategic stakeholders, including significant beneficial owner Dominic Allen.