Australian Rare Earths Limited announced the appointment of Mr. Angus Barker to the Board of Directors as an independent Non-executive Director effective immediately. Mr. Barker has over 20 years' investment banking experience across mergers & acquisitions and capital markets, working with global investment banking firms in Hong Kong, Australia and the United Kingdom. He served for eight years in senior roles with a number of Australian Government Ministers in the portfolios of Trade & Investment, and Superannuation & Financial Services.

Mr. Barker is also an Independent Non-Executive Director of ASX-listed WAM Capital Limited.