Ivan Murphy, executive chairman of Harena Rare Earths, joins Vox for a rundown of what happened in 2025 and a look ahead to what's in store in 2026. Much has changed. In early 2025 Harena executed the reversal that gave it its London listing, and then moved rapidly to advance its Ampasindava rare earths project in Madagascar. This project is now well on the way to production, as the licensing process proceeds, and a DFS continues to work its way through the pipeline. Meanwhile, high level talks are continuing both with the US government and with the Madasgascar government. Watch for plenty of newsflow in the coming weeks and months