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Frontier Rare Earths Signs Agreement with Carester and Secures $20M from IDC for Zandkopsdrift Project

STRATEGIC MINERALS

Frontier Rare Earths Ltd. has signed a Technology Supply Agreement with Carester and secured a $20 million investment from the Industrial Development Corporation of South Africa to finance a Definitive Feasibility Study for the Zandkopsdrift magnet rare earths and battery grade manganese project. First production is targeted for 2030.

Frontier Rare Earths Signs Agreement with Carester and Secures $20M from IDC for Zandkopsdrift Project

Feb 7, 2026, 6:05 AM

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