Research and Development Tax Offset Funds Received
Released
Released
Announcement PDF
ASX Announcement
4 February 2026
ASX: OD6
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Research and Development
Tax Offset Funds Received
OD6 Metals Limited (OD6 or the Company) is pleased to announce that the
Company’s 2024/25 Research and Development (R&D) Tax Incentive claim has
been received. OD6 is registered for eligible Australian R&D activities at the
Splinter Rock clay hosted rare earth (REE) project, located near Esperance in
Western Australia.
Highlights:
• A$216,400 R&D tax offsets received for the 2024/25 financial year
• Funds received reflect a rebate on eligible Australia R&D activities undertaken for the Splinter Rock clay
hosted REE project.
• The Company expects to continue R&D works and anticipates being able to claim future tax offsets over
the coming years.
• The Company is committed to R&D as it continues to develop critical minerals technologies through
relationships with the CSIRO, ANSTO, private research providers and internally.
Brett Hazelden, Managing Director, commented:
“The R&D Tax Incentive program is an important scheme supporting OD6 and its partners, like CSIRO and ANSTO,
to develop the technology to discover and extract the rare earth elements associated with our Splinter Rock clay
hosted rare earth project.
Critical minerals exploration, discovery and development is crucial to Australia and the world. The federal
government’s support of the critical minerals industry is highly important to the future development of the
Company and the resources industry.
Over the last three years we have continued making solid advances at Splinter Rock including the recent
production of a quality MREC from our heap leach and Impurity removal testwork, as we look to develop the
necessary technology for a rare earth industry in the Esperance region of Western Australia.“
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About OD6 Metals
OD6 Metals is an Australian public company pursuing exploration and development opportunities within the critical
minerals sector, namely rare earths and copper.
Rare Earth Elements
OD6 Metals has successfully identified clay hosted rare earths at its 100% owned Splinter Rock Project which is
located in the Esperance-Goldfields region of Western Australia.
The Company released a Mineral Resource Estimate (MRE) for Splinter Rock in May 2024, confirming that the project
hosts one of the largest and highest-grade clay-hosted rare earths deposits in Australia with an Indicated Resource of
119Mt @ 1,632ppm TREO and an Inferred Resource of 563Mt @ 1,275ppm TREO with an overall ratio of ~23% high-
value Magnetic Rare Earths (MagREE).
An innovative Process Flow sheet has been selected utilising Heap Leaching, Nano-filtration and Ion Exchange
Technologies that have achieved ~75% Nd & Pr overall recovery, produced a high-quality Mixed Rare Earth
Carbonate or Hydroxide (MREC/H) of ~56-59% TREO, with low levels of impurities (Al, Fe, P, Si) and extremely low
uranium and thorium content (<0.001% U + Th).
OD6 Metals believes that Splinter Rock has all the hallmarks of a world class rare earths project with a conceptual
heap leach development which utilises the large and high-grade Splinter Rock resource to support a long-life REE
operation.
Copper
The Company is advancing the Gulf Creek Copper-Zinc VMS Project located near the town of Barraba in NSW.
Gulf Creek was mined at around the turn of the 20th century and was once regarded as the highest-grade copper
mine (2% to 6.5% Cu) in NSW until its closure due to weak copper prices in 1912. Very little exploration has occurred
at the project in over 100 years, with OD6 aiming to apply modern day exploration technologies.
The 2025 maiden drilling program successfully defined high grade copper below the historical mine plus confirmed
the strong relationship between magnetism and massive sulphide mineralisation. Geophysical modelling has
identified multiple, high priority and untested targets ready for drilling providing over >3km of untested strike in the
immediate mine-stratigraphy, and over >10km across the tenement.
Corporate Directory
Managing Director
Non-Executive Chairman
Non-Executive Director
Financial Controller/ Joint Company Secretary
Joint Company Secretary
Contact
OD6 Metals Ltd
ACN 654 839 602
www.od6metals.com.au
Mail to: info@od6metals.com.au
Phone: +61 8 6189 8515
Level 1, 1 Alvan Street, Subiaco, WA 6008
Mr Brett Hazelden
Mr Piers Lewis
Dr Mitch Loan
Mr Troy Cavanagh
Mr Joel Ives
Investor Relations
Lucas Robinson
Corporate Storytime
lucas@corporatestorytime.com
Phone: +61 408 228 889
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Forward Looking Statements
Certain information in this document refers to the intentions of OD6 Metals, however these are not intended to
be forecasts, forward looking statements, or statements about the future matters for the purposes of the
Corporations Act or any other applicable law. Statements regarding plans with respect to OD6 Metals projects
are forward looking statements and can generally be identified by the use of words such as ‘project’, ‘foresee’,
‘plan’, ‘expect’, ‘aim’, ‘intend’, ‘anticipate’, ‘believe’, ‘estimate’, ‘may’, ‘should’, ‘will’ or similar expressions. There
can be no assurance that the OD6 Metals plans for its projects will proceed as expected and there can be no
assurance of future events which are subject to risk, uncertainties and other actions that may cause OD6 Metals
actual results, performance, or achievements to differ from those referred to in this document. While the
information contained in this document has been prepared in good faith, there can be given no assurance or
guarantee that the occurrence of these events referred to in the document will occur as contemplated.
Accordingly, to the maximum extent permitted by law, OD6 Metals and any of its affiliates and their directors,
officers, employees, agents and advisors disclaim any liability whether direct or indirect, express or limited,
contractual, tortuous, statutory or otherwise, in respect of, the accuracy, reliability or completeness of the
information in this document, or likelihood of fulfilment of any forward-looking statement or any event or
results expressed or implied in any forward-looking statement; and do not make any representation or warranty,
express or implied, as to the accuracy, reliability or completeness of the information in this document, or
likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any
forward-looking statement; and disclaim all responsibility and liability for these forward-looking statements
(including, without limitation, liability for negligence).
No new information
Except where explicitly stated, this announcement contains references to prior exploration results, all of which
have been cross-referenced to previous market announcements made by the Company. The Company confirms
that it is not aware of any new information or data that materially affects the information included in the
relevant market announcements.
The information in this report relating to the Mineral Resource estimate for the Splinter Rock Project is extracted
from the Company’s ASX announcements dated 18 July 2024. OD6 confirms that it is not aware of any new
information or data that materially affects the information included in the original announcement and that all
material assumptions and technical parameters underpinning the Mineral Resource estimate continue to apply.
This announcement has been authorised for release by the Board of OD6 Metals Limited
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