REG - Ecora Royalties PLC - Phalaborwa Rare Earths Project Update

Ecora RoyaltiesAnnouncement

09/02/2026 11:30

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RNS Number : 2723S  Ecora Royalties PLC  09 February 2026

9 February 2026

 

Ecora Royalties PLC

("Ecora" or the "Group")

 

Phalaborwa Rare Earths Project Update

Ecora (LSE/TSX: ECOR, OTCQX: ECRAF) a critical minerals focused royalty
company, notes the press release issued today by Rainbow Rare Earths Limited
("Rainbow") announcing that its large-scale pilot plant recently commissioned
in Johannesburg is operating the optimised Phalaborwa primary flowsheet in
line with expectations and has successfully produced ca.2 kg of a high-grade
mixed rare earth hydroxide.

This is a commercial product with a grade of ca. 55% TREO (versus the Chinese
specifications for a mixed rare earth carbonate at ca. 42 to 44% TREO) and has
been confirmed to be an ideal feed for the production of NdPr oxide and SEG+
product through a solvent extraction separation circuit, to be tested offsite.

Ecora holds a 0.85% Gross Revenue Royalty on the Phalaborwa project.

The full announcement from Rainbow can be viewed here:
https://irtools.co.uk/112/story/851be44b-45c8-4f4a-b17f-9a94e97ec3aa
(https://irtools.co.uk/112/story/851be44b-45c8-4f4a-b17f-9a94e97ec3aa)

For further information:

 

 Ecora Royalties PLC                         +44 (0) 20 3435 7400
 Geoff Callow - Head of Investor Relations

 Website:                                    www.e (http://www.ecoraroyalties.com) coraroyalties.c
                                             (http://www.ecoraroyalties.com) om (http://www.ecoraroyalties.com)

 FTI Consulting                              +44 (0) 20 3727 1000

 Sara Powell / Ben Brewerton / Nick Hennis   ecoraroyalties@fticonsulting.com (mailto:ecoraroyalties@fticonsulting.com)

 

About Ecora

 

Ecora is a leading critical minerals focused royalty and streaming company.

 

Copper is at the core of our portfolio which also includes other commodities
linked to the trend of electrification, energy transition, infrastructure
renewal and urbanisation, digital infrastructure, robotics and energy
security.

 

Our cash generative portfolio includes producing royalties and streams and has
a strong organic growth profile driven by royalties and streams already
acquired and expected to generate substantial additional cash flow within the
next five years.

 

We take a disciplined approach to investments and acquisitions, focusing on
high quality opportunities, in established mining jurisdictions and with
experienced management teams. These investments have the potential to deliver
enhanced returns through life of mine extension and commodity price
outperformance.

 

Our management team has a long and proven track record of originating,
completing due diligence, innovatively structuring and completing accretive
royalty and stream transactions in the critical minerals space.

 

We allocate capital prudently, with a focus on growth, maintaining a strong
balance sheet and returns to shareholders.

 

Ecora's shares are listed on the London and Toronto Stock Exchanges (ECOR) and
trade on the OTCQX Best Market (OTCQX: ECRAF).

 

 

 

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