Peak Resources Limited is an Australia-based company engaged in the exploration and evaluation of mineral licenses. The Company's principal activities include mineral processing technological evaluations; mining and associated infrastructure, feasibility evaluations, and mineral definition and development. The Company's segments include Exploration & Development (E&D), and Unallocated. The (E&D) segment includes the Company's exploration and development activities for the Ngualla project in Tanzania. The Ngualla Rare Earth Project is located in southern Tanzania, approximately 150 kilometers from the city of Mbeya on the edge of the East African Rift Valley. The Ngualla Project is located on the Ngualla Carbonatite. The Company's subsidiaries include PRL Pty Ltd, Peak Hill Gold Mines Pty Ltd, Redpalm Pty Ltd, Pan African Exploration Limited and Peak Resources Tanzania Limited.