Kendrick (LON: KEN) has provided a strategic update on its Teufelskuppe and Kieshöhe rare earth projects in Namibia, outlining plans to accelerate development and advance toward a maiden Mineral Resource Estimate.
For much of 2025, Kendrick Resources traded largely under the radar, not any more
The company has secured a 70% interest in both projects and reported encouraging early exploration results. At the Teufelskuppe Project, initial sampling returned average grades of 3.1 wt% total rare earth oxides (TREO), while the Kieshöhe Project delivered average grades of 1.5 wt% TREO.
A standout result from diamond drilling at Teufelskuppe included an intercept grading 8.1 wt% TREO over 21.2 metres from a depth of 59.5 metres, alongside a broader intercept averaging 6.1 wt% TREO, reinforcing the project’s high-grade potential.
Kendrick said it is actively pursuing strategic partnerships to support the next phase of development, including technical studies, engineering work and economic modelling. The company aims to position itself as a future supplier to the rapidly expanding global rare earths market, which is forecast to reach approximately $16 billion by 2030.
The update reflects Kendrick’s increasing focus on critical minerals and its transition toward rare earth development following the restructuring of its broader exploration portfolio.
