ABx distributed maiden Deep Leads mixed rare-earth carbonate samples to six prospective customers and reported highly positive feedback, while continuing project-design and economic studies. ALCORE civil works commenced, equipment deliveries continued and major-module HAZOP studies were completed; Sunrise approvals remained on schedule for 2027 and DL130 permit mediation continued. Cash at 30 June 2026 was A$600,000 with no financing facilities.