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The proponent of the Mrima Hill project is RareX.

As disclosed by RareX to the Australian Securities Exchange (ASX) on 22 April 2025:

• “RareX and Iluka Resources established a consortium to apply for the Mrima Hill rare earth-niobium-phosphate-manganese project in Kenya and for the formation of a special purpose vehicle (“SPV”) for its de-risking and development.
• If the proposal is successful, Iluka will be granted a 25% ownership in the SPV with RareX for at least a 20% economic interest in the project throughout the Prospecting Licence phase and until a Mining Licence is granted. RareX will fund all costs incurred by the Consortium until the Mining Licence is granted.”

To date, the Kenyan government has not selected the consortium to lead the development. Given RareX is the project proponent, the Business & Human Rights Resource Centre may wish to contact RareX for comment.

A full statement from Iluka Resources is attached above