Accelerate Resources Limited has executed a binding agreement with Vytas Resources Pty Ltd. to develop a new technology material company focused on the Company's Tambellup Project and Vytas' silica assets to become a supplier of HPA and HPQ for energy production (hydrogen production and solar panels), energy storage (batteries), and other industrial applications. This will allow Accelerate to focus on its manganese and gold projects, whilst transferring the Tambellup Kaolin Project to a HPA and HPQ focused company and team that can dedicate the necessary resources to further develop the Tambellup Kaolin Assets.