OD6 Metals Limited (ASX: OD6), Subiaco-based, holds the Splinter Rock Project -- six granted exploration licences covering ~2,579km2 in WA's Goldfields-Esperance region, ~150km by road northeast of Esperance -- targeting clay-hosted rare earth elements alongside copper and zinc. Splinter Rock carries a current JORC Mineral Resource Estimate of 682Mt @ 1,338ppm TREO at a 1,000ppm cut-off (including a higher-confidence Indicated component of 119Mt @ 1,632ppm TREO), for ~910,000t contained TREO of which ~23% (~205,000t) is high-value magnet rare earth oxide -- announced 29 May 2024 as a doubling of the prior estimate, and one of the largest and highest-grade clay-hosted REE resources globally.
Lifecycle Milestones
Jurisdiction (40%)9/10
Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. Western Australia (Goldfields-Esperance) is a Tier-1, well-established Australian mining jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Splinter Rock Project, Goldfields-Esperance Region, Western Australia (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not yet researched
Holder register not researched yet
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Non-Executive Director of First Au Limited; also Non-Executive Chairman of OD6 Metals Limited.
Managing Director & CEO of OD6 Metals Limited (ASX: OD6, since Apr 2022). Metallurgist with 25+ years' experience across the Australasian resources industry; prior roles at Kalium Lakes Limited, Iron Ore Holdings Ltd (taken over by BC Iron Ltd, 2014), Fluor Corporation and Rio Tinto. Multi-commodity background: potash, gold, copper, zinc, lead, iron ore, tungsten, salt, diamond and rare earths. Source: od6metals.com.au; marketopen.com.au OD6 Metals coverage.
Non-Executive Director of OD6 Metals Limited (ASX: OD6). Source: od6metals.com.au board page (no further independently-confirmed bio detail located to this project's citation standard).
Geological Advisor to OD6 Metals Limited (ASX: OD6). Source: od6metals.com.au board page (no further independently-confirmed bio detail located to this project's citation standard).
Strategic Advisor to OD6 Metals Limited (ASX: OD6). Former Australian Minister for Foreign Affairs (2013-2018).
Joint Company Secretary of OD6 Metals Limited (ASX: OD6), appointed effective 17 Jul 2026, succeeding Troy Cavanagh. Source: kalkine.com.au / listcorp.com OD6 Metals company-secretary announcement.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
OD6 Metals holds the Splinter Rock clay-hosted rare earths project, six granted exploration licences covering about 2,579 km2 in Western Australia's Goldfields-Esperance region, about 150km by road north-east of Esperance. Its JORC resource, announced on 29 May 2024 as a doubling of the previous estimate, is 682 Mt at 1,338 ppm total rare earth oxides at a 1,000 ppm cut-off, including 119 Mt at 1,632 ppm in the indicated category, for about 910,000 t of contained oxides, roughly 23% of them high-value magnet rare earths. A scoping study has been put on hold pending heap-leach and column-leach optimisation test work at ANSTO, with scoping and pre-feasibility studies still to come.