Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Why only 5% on the independent study news? I assume there is some actual significant event folks are waiting on?
American Rare Earths shares assay results expanding Rare Earths at Halleck Creek in Wyoming
Wed, Apr 10, 2024
American Rare Earths Limited CEO Donald Swartz joined Steve Darling from Proactive to share significant news regarding assay results from a recent mapping and sampling program conducted in the Cowboy State Mine area. These results provide valuable insights that will enable the company to target higher-grade areas contiguous to the mining area identified in the recently published scoping study. Swartz emphasized that these findings complement the updated JORC resource estimate of 2.34 billion tonnes and demonstrate consistently enriched mineralization at Halleck Creek.
https://finance.yahoo.com/news/american-rare-earths-assay-results-123300400.html
Did the scoping study come out yet?
I guess we had some profit taken, it should get back up again now. 180 years mine is pretty crazy, we just need some news to kick this off, finance or war.
American Rare Earths unveils promising Halleck Creek scoping study
Wed, Mar 20, 2024
Melbourne, Victoria --News Direct-- American Rare Earths Ltd
American Rare Earths Ltd (ASX:ARR) CEO Donald Swartz sits down with Proactive’s Jonathan Jackson to highlight the positive outcomes of a scoping study for the Halleck Creek Project in Wyoming, USA. The study confirms the project's viability as a low-cost, scalable and world-class rare earth element (REE) venture, showcasing strong economic potential and a solid foundation for future development.
The independent analysis by Stantec Consulting Services Inc revealed a net present value (NPV) of US$673.9 million at an 8% discount rate and US$505.1 million at a 10% discount rate (pre-tax), with an internal rate of return (IRR) of 22.5%. The project's payback period is estimated at 2.9 years, with a life of mine (LOM) average cost of US$38.38 per kilogram for neodymium-praseodymium (NdPr) equivalent, significantly lower than current global averages.
With a proposed initial mining rate of 3 million tonnes per annum (Mtpa), the Halleck Creek Project is positioned for a scalable expansion, underpinned by a resource base of 540 million tonnes, suggesting a mine life of 180 years at 3 Mtpa. This scalability and the project's strategic design aim to reduce Western dependency on Chinese rare earth supplies, marking a significant step towards diversifying global REE sources.
American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project
American Rare Earths
Mon, Mar 18, 2024
DENVER, March 18, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce the results of the “Halleck Creek Scoping Study Technical Report” (“Study”) compiled by Stantec Consulting Services Inc (Stantec - an independent engineering consulting firm). Located in the major mining hub of Wyoming, USA, the Halleck Creek project provides compelling economics and the ARR board has unanimously recommended the project advance to the next phase of development.
Highlights:
Under our base case 3Mtpa operating scenario, Scoping Study outlines NPV8 of US$673.9 and NPV10 of US$505.1m (pre-tax) at Halleck Creek, equating to an IRR of 22.5% and payback period of 2.9 years with total initial capex of US$456.1m (inc. US$76.0m contingency).
LOM average Cost (USD/kg NdPr Equivalent) = $38.38/kg, which is favorable when compared to the most recently reported US$50/kg cash cost of NdPr by China Northern Rare Earths1 – the world’s largest integrated producer. A full breakdown of operating costs by product is illustrated in the Project Metrics table below.
Low operating costs are attributable to favorable geology and mining economics, coupled with the beneficiation and concentration circuit (Density Separation and Wet High Intensity and Magnetic Separation (WHIMS), which provides a 10X upgrade in grade) along with good recovery/extraction via direct leaching, without the need for cracking. The recoveries are illustrated in the Project Metrics table below.
The Study is based on an initial phase of 3.0 Million tonnes per annum (Mtpa) of mining to create a low capital cost for market entry and financing. A 6 Mtpa economic case was also prepared to illustrate future potential.
The project had previously evaluated mining cases of 15, 10, 7 and 5 Mtpa before settling on this 3Mtpa mining case; making the project uniquely scalable over time, given the vast resource base (540 Mt total that were modeled in scoping exercise to identify grade for mine sequencing: 180 years at 3Mtpa and 90 years at 6Mtpa).
The Study was designed to include separation of individual rare earth products in Wyoming, avoiding sending a concentrate overseas and includes all capital costs to separate products (sorted by revenue % attributable). The products include the heavy rare earths Terbium and Dysprosium as separated products, contributing 30% of revenue:
66%: Neodymium (Nd)/Praseodymium (Pr) Oxide also referred to as “Didy”
16%: Dysprosium Oxide (Dy)
14%: Terbium Oxide (Tb)
2%: Samarium (Sm), Europium (Eu), Gadolinium (Gd) “SEG” concentrate
2% : Lanthanum (La) Carbonate
The mine plan averaged an in-situ grade of 3,805 ppm TREO, the entirety of the cash flow presented (20+ years) is limited to approximately 400 acres on Wyoming state lands, which provides a very compact footprint. The planned design allows future optionality and enhances project economics by accelerating permitting and leveraging established infrastructure in later stages.
Late in 2023 the US Treasury Department released a proposed rule for the Advanced Manufacturing Production Tax Credit, part of the Inflation Reduction Act (IRA), better known as 45X. This production tax credit, equal to 10 percent of the costs incurred by the producing taxpayer, seeks to incentivise the domestic production of, among other things, critical minerals, including rare earths. The Study has applied this 10 percent tax credit to costs incurred during the project’s production process, with certain exclusions as detailed in the full report.
A long-term price of US$91/kg of NdPr was used based on consensus estimates from leading investment banks along with those for Tb and Dy. Various sensitivity analyses are provided in this summary.
https://finance.yahoo.com/news/american-rare-earths-scoping-study-113200194.html
American Rare Earths helps advancement at Halleck Creek with 13.5 million dollar private placement
Wed, Feb 28, 2024
American Rare Earths Limited CEO Donald Swartz joined Steve Darling from Proactive to share significant news regarding the company's recent fundraising efforts. American Rare Earths has successfully secured firm commitments for a placement to raise 13.5 million Australian dollars.
This placement received strong support from both new and existing institutional, professional, and sophisticated investors, both domestically and offshore. The purpose of this capital raise is to further develop environmentally friendly and cost-effective extraction and processing methods.
These methods are crucial to meeting the rapidly increasing demand for resources essential to the clean energy transition and US national security. Swartz emphasized that this funding provides the company with the necessary capital to advance its flagship project, Halleck Creek, towards delivering a secure supply of critical minerals to the North American supply chain.
American Rare Earths remains dedicated to achieving its project development milestones with the support of its shareholders. The funds raised will support various activities related to the development of the Halleck Creek Rare Earths Project in Wyoming.
These activities include mineral resource and extensional drilling, pre-feasibility studies, metallurgical test work and process development, as well as heritage, permitting, and environmental activities.
Overall, this successful capital raise positions American Rare Earths to continue its progress towards becoming a key player in the critical minerals sector, contributing to both environmental sustainability and national security objectives.
Contact Details
Proactive USA
+1 347-449-0879
na-editorial@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/american-rare-earths-helps-advancement-at-halleck-creek-with-13-5-million-dollar-private-placement-524973282
https://finance.yahoo.com/news/american-rare-earths-helps-advancement-122506231.html
No bueno on buying this stock, all stars lined up, good luck
Some believe this could be a 10 billion dollar company....who knows at this point.
$ARRNF Scoping study completed, see link below.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02785979-2A1512373
American Rare Earths. The $ARRNF shares have been upgraded to the OTC Best Market from the OTCQB Venture Market. The symbol remains the same. The OTCQX Best Market is the highest market tier of OTC Markets.
$ARRNF no brainier from here....up another 18% today, scoping study due out next 30 days.
American Rare Earths helps advancement at Halleck Creek with 13.5 million dollar private placement
Added another 100k shares $ARRNF at $.19
Added another 100k shares $ARRNF at 24% discount today....next week should move up.
Largest rare earth minerals discovered right here in Wyoming, financing secured, and stock goes down.
Gotta love the OTC. Absolutely LOVE this long term
Picked up 500k shares $ARRNF last week,Market cap still pretty low around 160 Mil.
American Rare Earth announces update to Mineral Resource Estimate at Halleck Creek in Wyoming
Mon, Feb 12, 2024
Rare Earths Discovery Near Wheatland So Big It Could Be World Leader
American Rare Earths Inc. disclosed in a technical report on Wednesday that it found 64% more rare earth minerals than it had originally envisioned. “This exceeded our wildest dreams,” CEO Donald Swartz told Cowboy State Daily.
Pat Maio
February 07, 2024
There’s a modern-day gold rush happening in the attempt to dig green-energy rare earth minerals out of the ground. Some believe Wyoming could be America’s answer to China’s lock on the market.
And one of a handful of Wyoming companies in the rush may have hit the mother lode.
American Rare Earths Inc. has its sights on thousands of acres of land near Wheatland, Wyoming. The company disclosed in a technical report on Wednesday that it found 64% more rare earth minerals than it had originally envisioned in a March 2023 assessment of the land.
The newly disclosed figure of 2.34 billion metric tons of rare earth minerals found southwest of Wheatland by American Rare Earths Inc. could dwarf in size the 1.2 million metric ton estimates in northeastern Wyoming that one of its competitors claimed was one of the biggest discoveries in the world.
A metric ton equals about 2,200 pounds while a ton is 2,000 pounds.
“This exceeded our wildest dreams, and we only drilled on about 25% of the property,” said Donald Swartz, CEO of American Rare Earths.
The company is the U.S.-based unit of an Australian-founded exploration company working in Wyoming.
"Enormous Potential"
“These results are illustrative of the enormous potential of the project,” Swartz told Cowboy State Daily. “Typically, you’ll see the resource decrease as infill drilling takes place – instead we’re seeing the opposite, with only 25% of the project being drilled to this point.”
The rare earth minerals bonanza is the result of consumers starved for magnet metals integral to the green transition to electric vehicles, wind turbines, consumer goods, robots and military drones, missiles and chips needed for sophisticated computing power.
American Rare Earths wants to mine and process these metals – particularly neodymium and praseodymium – through its Wyoming Rare (USA) Inc. unit.
That business controls 367 mining claims on 6,320 acres of a mix of state, federal and private land across the Halleck Creek Project area near Wheatland, and four Wyoming mineral leases on 1,844 acres on the same project — which was renamed recently as the Cowboy State Mine, according to Swartz.
Market Not Ready
With worldwide rare earth mineral demand standing at about 60,000 tons annually, Swartz said that his company could move to establish a mining operation on 320 acres of state land where permitting would happen at a faster clip than on federally owned land. The fact that the demand is high does not enable the company to move faster on federal land.
“If you build a really big mine, can the market take all of that material?” said Swartz.
He is doubtful that the market is ready for this kind of volume.
“We’re trying to make something that’s modular and scalable, that can grow in the market over time,” he said.
Jackpot Underground
In the next month, the company plans to release pencilled out cost estimates and other economic projections on development at the Halleck site in the Overton Mountain area, plus the value of the minerals that could potentially be mined over the next 30 years.
For sure, the company sees a jackpot underground.
The drilling conducted by American Rare Earths in the fall went to a depth of 1,000-feet, roughly twice as deep as last March’s maiden dig.
The latest drilling revealed that the ore is more extensive and of higher quality, making it potentially even more valuable than anything else in the state, Swartz explained.
American Rare Earths also has a rare earths minerals site at its La Paz project in Arizona but doesn’t see the same prospects as its Wyoming digs.
Others In Wyoming
American Rare Earth isn’t the only player in Wyoming.
In early 2023, Ramaco Resources announced it had found a deposit of rare earths on a 16,000-acre coal mine near Sheridan, Wyoming, that could be worth upward of $37 billion, according to an estimate calculated by the Wall Street Journal.
Swartz tossed cold water on the Ramaco estimate.
“Our resources is on an order of magnitude larger than the Ramaco Resources number,” he said. “If you did the same thing for it, you’d come up with a lot bigger number, but that doesn’t take into account whether you can [mine and process] more economically, or even do it.”
We're Number One
Mining.com has ranked the Halleck Creek rare earths find as the fifth largest in the world outside of others discovered in Greenland, Canada and Kenya – and that’s before American Rare Earths released its latest technical data.
“We’ll move up to No. 1 of what could be mined,” said Swartz of hopes for the next ranking from the site.
In another instance of the rush to mine rare earth minerals in the state, Rare Element Resources Ltd., a Canadian exploration company, is setting up shop on a large rare earth deposit in Upton, Wyoming, with a novel new mining process that promises to speed up rare earth processing. This is called the Bear Lodge Project.
The Wyoming unit of Rare Element Resources, which controls 100% of the Bear Lodge mineral rights held through federal mining claims in Upton, is betting $44 million that its mining process is a game-changer for U.S. rare earth production.
Pat Maio can be reached at: Pat@CowboyStateDaily.com
Pat Maio can be reached at pat@cowboystatedaily.com.
Not into mining stocks so what can this get to on only discovery news as production is at least 10 years away?
https://www.spglobal.com/marketintelligence/en/news-insights/research/discovery-to-production-averages-15-7-years-for-127-mines
Just discovered this today via piece in Tuesday WSJ. I'll spend time today researching. First stop was finding location on Google Earth. Have read a few things from company management and next stop is recent filings. Interesting that is being presented as one of the worlds largest finds for a couple of Rare Earths and at 0.28 its got my interest..
Then Again,You were Smarter than me to get in on Friday....LOL...When did you hear/find out about this ticker
Definitely don't see a $1....at least anytime soon...Sounds good tho...50-70 cents by Friday sounds realistic....
Nice. I got in on Friday. I won't be surprised if this hit .50 today and above $1 before this Friday.
Geez, I don’t understand why this is running but it’s liquid as hell
Not in, though watching for this next break for a trade.
Yea....It's already more than tripled from its low...with a high OS....If it's 30....that will probably be the high for awhile....Always seems to.catch my eye after the increase in SP...Are you in?
It would be nice to see some buying Volume..... No one has been on this board in awhile
JUNE 12, 2023~A new discovery could lead to a mining resurgence in the West~
https://www.boisestatepublicradio.org/show/idaho-matters/2023-06-12/rare-earth-mineral-mining-in-the-west
THIS DEPOSIT IS WORLD CLASS & about 7 -10 YEARS out! KEEP this on your watch list!
Chico
1.43 BILLION TONNES ~HUGE! LARGEST U.S. Rare EARTH RESOURCE POTENTIAL June 2, 2023 ~American Rare Earths Reports Positive Metallurgical Test Results~
https://www.investorsobserver.com/news/qm-pr/7786960789984847
PHOENIX, June 02, 2023 (GLOBE NEWSWIRE) -- American Rare Earths ( ASX: ARR | OTCQB: ARRNF | FSE:1BHA ) ( ARR or the Company ) is pleased to report on the latest in a series of metallurgical tests on ore from its Halleck Creek project in Wyoming. With a JORC Resource of 1.43 billion tonnes the Halleck Creek project is potentially the largest rare earth project in the United States. The metallurgy test work continues to pave the way for low-cost processing using conventional technology.
Highlights
The latest test work supports previous results showing a simple process flow sheet to produce a rare earth concentrate and maximize the recovery of magnet metals Neodymium and Praseodymium (NdPr).
Bulk rougher/scavenger (primary) Wet High Intensity Magnetic Separation (WHIMS) produced 72% recovery and rejected 77% of feed mass, an upgrade ratio of 3.1.
Further testing will commence in the coming weeks to generate the final concentrate for refinery testing.
Current internal studies focus on annualized ore processing rates of 10, 15 and 20 million tonnes per annum feed rate to the concentrator to establish optimal project economics.
This equates to a modelled production of 3,800 tonnes, 5,700 tonnes and 7,600 tonnes, respectively of the highly valuable NdPr oxides contained in Mixed Rare Earth Carbonate (MREC) as a saleable product to be processed within the USA.
Recent tests rejected a highly encouraging 77% of waste material in the early processing stages prior to the flotation circuit, demonstrating potential opportunities to reduce the project's operating and capital costs. This is a 5% improvement from preliminary test work results announced in December 2022. These promising results are further enhanced by the low levels of penalty elements thorium and uranium, which remain well below regulatory standards.
CEO and Managing Director, Mr. Chris Gibbs, commented:
“Rare earth projects typically have complex metallurgy. Under the technical leadership of Wood PLC, these outstanding test results provide confidence for a simple process flow sheet. Halleck Creek ore continues to pass all the key tests from a processing perspective: good recovery using conventional processing methods, low radioactive penalty elements and the ability to produce a mixed rare earth concentrate product.”
“In short, Halleck Creek has the right rare earths (NdPr) and low penalty elements. This means a valuable product, simple metallurgy, and lower costs. Most importantly, the project is in the heart of the USA, the largest economy in the world.”
“As an exploration company I’m also excited to advance our exploration activities at Halleck Creek. to support the economic and feasibility studies currently underway.”
“With less than 25% of the area drilled, the deposit remains open at depth and with significant upside potential. To further enhance the project economics, we are keen to test the depth of the deposit, seek to upgrade resources and explore potential higher-grade zones within the project footprint.”
This market announcement has been authorized for release to the market by the Board of American Rare Earths Limited.
Mr. Chris Gibbs
CEO & Managing Director
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02649178-2A1440486?access_token=83ff96335c2d45a094df02a206a39ff4
Recent presentation at Virtual Investors Conference:
https://app.sharelinktechnologies.com/announcement/asx/f4bd8a3b645bf20b7679c30b3e6ac097
MARCH 20, 2023- Mel Sanderson of American Rare Earths Discusses Two US Rare Earths Projects Accelerating Forward
https://investorintel.com/critical-minerals-rare-earths/mel-sanderson-of-american-rare-earths-discusses-two-us-rare-earths-projects-accelerating-forward/#:~:text=March%2020%2C%202023%20Critical%20Metals%20PLC%3A%20Exercise%20of,10%20square%20kilometres%20to%20depths%20of%20150%20metres
In this InvestorIntel interview during PDAC 2023, Byron W King talks with American Rare Earths Limited’s (ASX: ARR | OTCQB: ARRNF) President of North America Melissa ‘Mel’ Sanderson about developing two large rare earth deposits in North America. Discussing how key magnetic rare earths such as neodymium and praseodymium comprise 27% of the deposit at their Halleck Creek Rare Earths project in Wyoming, Mel provides an update on their recent high-grade assay results from the project, with a NI 43-101 resource planned to be released by the end of March or early April and a PEA by the end of the year.
Mel goes on to discuss the upside potential at American Rare Earths’ scandium-rich La Paz rare earths deposit in Arizona where they already have a 170.6 million tonnes JORC compliant resource and are planning to grow the resource through additional drilling. Providing an update on their US Government funded R&D partnerships with the Lawrence Livermore National Laboratory and other university research partners, Mel discusses how American Rare Earths is leading the way to cleaner, greener processing and separation technologies for rare earths.
To access the full InvestorIntel interview, click here.
ARRNF's HALLECK CREEK Wyoming Mine could be continent's largest, rare earths developer says
https://trib.com/news/state-and-regional/fledgling-wyoming-mine-could-be-continents-largest-rare-earths-developer-says/article_33a398da-c4fc-11ed-86ab-8f0bf2ae9a84.html
The company digging for critical minerals in southeastern Wyoming is becoming more and more confident that it’s found the biggest known deposit of rare earth elements in North America.
American Rare Earths’ mining claims, north of Laramie, started out promising. Since the Australian developer started drilling last year to figure out just how far the rare earths extended, the scope of its find has ballooned.
Its latest round of drilling — further exploration of a fraction of the deposit — revealed that the most in-demand of the 17 rare earth elements are prevalent across an area of roughly four square miles and to depths of nearly 500 feet, the company announced Friday. The findings provide “quantifiable and verifiable evidence that what we have suspected is true,” said Mel Sanderson, American Rare Earths’ president of North America.
“We’re excited, not just because of the size, but because other key variables are falling into place. … We are going to be able to consistently recover high-quality material as deep down as we go,” Sanderson said.
And, she noted, geologists working on the drilling campaign suspect parts of the deposit descend even deeper. Maybe even twice as far.
Rare earths are ubiquitous. They’re common in the Earth’s crust, and in the array of technologies humans rely on every day. What’s unusual is finding a deposit that’s big enough, and concentrated enough, to mine.
(Ranie Lynds of the Wyoming State Geological Survey said in an email to the Star-Tribune that the agency is aware of elevated levels of some rare earths in the area, but that it has “no independent way of confirming” the company’s announcement.)
American Rare Earths believes that when it comes to jobs, property taxes and sales taxes (though not severance taxes or royalties — at least for the time being), its project could “potentially step into the void that is being left by the decline of some of our big coal industry producers,” Sanderson said.
“It excites me for Wyoming on a lot of levels,” she said. “On the entire state level, keeping our positioning in terms of an important energy supplier, but also creating jobs that will keep folks well-employed and keep them at home.”
Initially, American Rare Earths figured a mine at its Halleck Creek site might be able to stay open for 20 or 25 years. Now it’s looking at double that — based, Sanderson said, on what the company has been able to confirm so far. Meaning there’s still a possibility that the lifetime of the potential mine could stretch even longer.
Commercial operations, though, are still a long way off. The company hopes to initiate the permitting process next year. According to Sanderson, under existing laws and regulations, the earliest it could start mining would be in 2029 or 2030, assuming everything goes smoothly along the way.
American Rare Earths also aims to open a processing plant for its ore somewhere in Wyoming. Ideally, Sanderson said, that plant will involve brand-new, less environmentally damaging methods that are still being developed (and kept largely under wraps) by researchers.
And the company will continue studying the extent of the deposit, and refining its vision for the future of the mine, along the way. It’s more optimistic than ever about what it’ll find.
“All mining is a gamble,” Sanderson said. “You have to keep putting money in and keep having faith that your guesses are right. And to reach the point where we have this substantiation that our guesses have been right — it’s hard to describe how huge that is and how exciting it is.”
Melissa Sanderson of American Rare Earths Provides an Update on its Projects in Arizona and Wyoming
https://investorintel.com/critical-minerals-rare-earths/mel-sanderson-of-american-rare-earths-provides-an-update-on-its-projects-in-arizona-and-wyoming/
InvestorIntel
March 10, 2023
I
n this InvestorIntel interview, Jack Lifton talks to American Rare Earths Limited’s (ASX: ARR | OTCQB: ARRNF) President North America Melissa ‘Mel’ Sanderson about it portfolio of rare earths assets in the United States, including Arizona, Nevada, and Wyoming, and the fact that it is well funded with $15 million in the bank. Providing an update on their scandium-rich La Paz rare earths deposit in Arizona, Mel also discusses American Rare Earths’ recent high-grade assay results from the Halleck Creek Rare Earths project in Wyoming.
Speaking about the exceptionally low uranium and thorium content at both of their projects, Mel goes on to discuss American Rare Earths’ US Government funded R&D partnerships including with the Lawrence Livermore National Laboratory, Ames National Laboratory, Arizona State, and Penn State University. As the only rare earths junior explorer focused on biomining, Mel explains how American Rare Earths is helping in developing “cleaner, greener processing and separation technologies for rare Earths.
American Rare Earths buoyed by potential new deposit at Halleck Creek
https://www.marketscreener.com/quote/stock/AMERICAN-RARE-EARTHS-LIMI-10358001/news/American-Rare-Earths-buoyed-by-potential-new-deposit-at-Halleck-Creek-42859645/
SEE VIDEO BELOW:
https://www.youtube.com/embed/fIIiL7kr_Zs
Form Your own opinions & conclusions above!
Watching this develop! La Paz & Halleck Creek are becoming the Largest REE DEPOSITS IN THE U.S. WITH SCANDIUM! Both are Open Pit mineable & they are working with the USGS/collaboration! A Lot of work left to do , maybe 7 years out..... but put this on your watchlist!!
I have
Chico
American Rare Earths (ASX:ARR) discovers potential new rare earth deposit, Wyoming
https://themarketherald.com.au/american-rare-earths-asxarr-discovers-potential-new-rare-earth-deposit-wyoming-2023-01-31/
https://cdn.jwplayer.com/previews/AinRva6A
American Rare Earths (ARR) discovers a potential new rare earth deposit in the Halleck Creek Earth District in Wyoming
The company has staked 118 new mining claims at the new County Line prospect, which covers the new rare earth mineralisation
The new zone will expand the company’s total claims in the region by 26 per cent
ARR plans to complete geological mapping and surface sampling across the Country Line, Trail Creek and Sommers Flat areas over the next few months
Shares in American Rare Earths are up 2 per cent to 25.5 cents at 11:47 am AEDT
American Rare Earths (ARR) has discovered a potential new rare earth deposit, adding to the growing Halleck Creek Earth District in Wyoming.
The company has filed 118 unpatented federal lode mining claims at the new County Line prospect area, which covers the new rare earth mineralisation.
It will add around 2113 acres to the expanding district, bringing the total area controlled to 8165 acres.
The new zone will expand the company’s total claims in the region by 26 per cent, and it’s 147 per cent larger than the current 1.01-to-1.27 billion exploration target announced on September 1, 2022.
American Rare Earths President of North America operations Melissa Sanderson said it was a significant discovery not only for the company but also the State of Wyoming and the nation.
“This is a key strategic project for our country and could help fulfil most of the future demand for these highly valuable magnetic rare earth materials, which are so important for national security and ensuring 100 per cent of the supply chain remains within the United States,” she said.
The County Line prospect adds to a growing portfolio of rare earth prospects within the region. Since acquiring the District in 2021, the company now has seven project areas across Halleck Creek.
Ms Sanderson also said the district was environmentally friendly.
“What also makes Halleck Creek unique is the extremely low thorium and uranium penalty elements so often associated with rare earth projects,” she added.
“This means less harmful chemicals during processing and not having to dispose of radioactive waste.”
“As we seek to decarbonise the planet, we need rare earths for our future energy needs, electric vehicles, wind turbines and everyday living.
American Rare Earths has now shifted its focus towards exploration efforts which are planned for early spring when the snow clears.
The company’s immediate focus is to establish a significant JORC resource over drilling at the Overton and Red Mountain areas. ARR geologists plan to begin wide geological mapping and surface sampling across the County Line area, the Trail Creek area, and the Sommers Flat areas during the end of Q1 and early Q2.
ARR said the mapping and sampling will provide the direction for the long-term development of the Halleck Creek Rare Earths district.
Shares in American Rare Earths were up 2 per cent to 25.5 cents at 11:47 am AEDT.
HUGE - American Rare Earths Appoints Melissa Sanderson as President of North America
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3206-otcmkts/arrnf/134979-american-rare-earths-appoints-melissa-sanderson-as-president-of-north-america.html
PHOENIX, Jan. 24, 2023 (GLOBE NEWSWIRE) -- American Rare Earths, Limited (ASX: ARR, OTCQB: ARRNF, FSE: 1BHA) (the “Company”), an Australian company listed on the ASX and cross-listed in the US and Germany, with assets in the growing rare earth metals sector, is pleased to announce Melissa (Mel) Sanderson is the new President of North America.
Ms. Sanderson is an accomplished leader in mining and diplomacy, with a global career that has spanned 30 plus years. Mel brings to the role a wealth of industry expertise based on her time at global mining leader Freeport-McMoRan, in a corporate ESG role and as Vice President for Africa. She is the recipient of numerous awards, including the U.S. State Department Superior Honor Award and the Women in Mining UK 2022 top “100 Global Inspirational Women in Mining”.
Mel serves on several boards, including American Rare Earths Limited, Advance Metals Limited, the Phoenix Committee on Foreign Relations and Chairs the Arizona District Export Council. Sanderson will report to Chris Gibbs, Managing Director, as well as remain on the ARR Board as an executive director.
Chairman Creagh O’Connor comments: “Mel is an outstanding leader and brings a wealth of experience to the role as head of our North American business headquartered in Phoenix, AZ. I could not be more excited and pleased to have Mel take on this appointment.”
Under the leadership of Marty Weems, the company established significant partnerships with various Research Organizations and the Departments of Energy and Defense. Mel is very well positioned to continue these relationships as she is well versed in working with US government agencies having served as a senior diplomat in the US State Department.
The Company will additionally benefit from the fact that Mel is a Wyoming native, where ARR has a significant asset at its Halleck Creek Rare Earth Project located in Platte and Albany Counties in southeast ranch country. The Southern end of the Laramie Range is home to a massive geologic pluton rare earth deposit, estimated to have over one billion tonnes of ore, potentially making it the biggest such project in the US with few global deposits rivaling such immense size and scope.
Mel takes on her new role following the departure of Marty Weems who has accepted a role with a company outside the rare earth industry. “Although we are disappointed to lose Marty, we would like to thank him for his extraordinary service to American Rare Earths and wish him the best in the future.
ARRNF December 2022 Quarterly Activities Report
https://americanrareearths.com.au/wp-content/uploads/2023/01/20230130-December-Quarterly-Activities-Report.pdf
https://stockhead.com.au/resources/results-line-up-for-big-target-at-halleck-creek/
Halleck Creek is a project that just keeps giving for Australian-based American Rare Earths, with the company now on target to define a significant JORC resource this quarter.
Geological data continues to show enriched rare earth mineralisation from surface to depth of drilling at 150m – a 50% increase on the 100m in the maiden drill campaign and not included in the already substantial exploration target announced last year.
That target currently stands at 1.01-1.27 billion tonnes of rare earth mineralised rocks, an impressive figure given very few rare earths resource estimates across the globe exceed one billion tonnes.
That already gives the Wyoming project the potential to be one of the largest rare earths deposits in North America.
Now notable upside is expected with deposit also remaining open at depth and continuing east into the neighbouring Bluegrass prospect at American Rare Earths’ (ASX:ARR) 100% owned Wyoming project.
A rare deposit
The 2,459 ha project is also a standout because unlike many large rare earths deposits it has almost negligible penalty radioactive elements uranium and thorium, and is close to infrastructure.
Within the resource estimate is 692,000 to 865,000 tonnes of high value Magnet Rare Earth Oxides (MREO), including neodymium (Nd) and praseodymium (Pr) oxides, which are in hot demand for clean energy technology such as EVs and offshore wind turbines.
Another plus for the project is that its outstanding metallurgy will reduce capital and operating costs via the use of conventional technology, opening up the pathway to early production.
The +1 billion target was announced last September after outstanding assay results from the maiden drill program led to a tripling of the original exploration target of 308–385 million tonnes.
Managing Director and Chief Executive Officer Chris Gibbs said: “We have a major deposit here, the size scale and consistency of the resource we are observing is similar to large-scale, long-life copper/gold porphyry mines which are common throughout the western US.
“The exploration target of over a billion tonnes is now being authenticated based on this drilling program.
“The drill results together with the positive metallurgical studies amplify the significant value of Halleck Creek’s potential as a key domestic US rare earth supplier.”
What’s next
ARR is now eagerly awaiting assay results from the 38-hole, 5726m drill program to finalise a maiden JORC resource estimate, planned for this Quarter.
The company is also advancing its La Paz project in Arizona, where ongoing work is targeting an additional ~742-928MT of rare earths mineralised rocks to establish a JORC resource for the South-West area to boost the current JORC Resource estimate of 170MT.
Like Halleck Creek, La Paz has almost negligible radioactive elements, is rich in high-value NdPr in ore that has yielded positive metallurgy results.
The Australian company is also actively involved in developing a clean, sustainable and secure rare earths supply chain for North America through its involvement with a number of top tier R&D programs including a US Department of Energy (DOE) Innovation Hub, the US Defense Department Advanced Research Projects Agency’s (DARPA) Rare Earth Elements (REE) bioengineering research program and more.
The company has a long runway for growth with $17.4m cash in the bank at the end of the past Quarter.
American Rare Earths on target to define a significant JORC resource at Halleck Creek
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3206-otcmkts/arrnf/134756-american-rare-earths-on-target-to-define-a-significant-jorc-resource-at-halleck-creek.html
Mr. Chris Gibbs reports:
PHOENIX, Jan. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX:ARR | OTCQB:ARRNF | FSE:1BHA) is pleased to announce it has completed its 38-hole, drilling program at its Halleck Creek rare earths project in Albany County, Wyoming, USA.
Highlights
5726 metres drilled
Geological data continues to show enriched rare earth mineralisation from surface to depth of drilling at 150m
3,817 samples collected and shipped to ALS laboratories for analysis
Significant upside expected with consistent mineralization observed to 150m, a 50% increase beyond the current exploration target
Deposit continues east into neighbouring Bluegrass prospect
The drilling confirms the Rare Earth Elements (REE) containing geological structure is significantly larger than previously thought. Geological data shows significant consistent REE mineralization across the observed samples, with the massive deposit remaining open at depth and likely continuing east into the company’s adjoining Bluegrass prospect.
This is quickly taking shape as the drilling results should continue to show tremendous potential! Halleck Creek may be 7-10 years out, but remains on my watchlist along with La PAz!
Chico
American Rare Earths poised to define a ‘substantial’ maiden REE resource at Halleck Creek in the US; shares up
https://www.proactiveinvestors.com.au/companies/news/1003883/american-rare-earths-poised-to-define-a-substantial-maiden-ree-resource-at-halleck-creek-in-the-us-shares-up-1003883.html
Key domestic US rare earth supplier
ARR managing director and CEO Chris Gibbs said: “We have a major deposit here, the size scale and consistency of the resource we are observing is similar to large-scale, long-life copper/gold porphyry mines which are common throughout the Western United States.
“The exploration target of over a billion tonnes is now being authenticated based on this drilling program.
“The drill results together with the positive metallurgical studies amplify the significant value of Halleck Creek’s potential as a key domestic US rare earth supplier.”
Might be on to something with the Separation Process now ongoing with the DoE
Efficient recovery and enrichment of rare earth elements by a continuous flow micro-extraction system
https://reader.elsevier.com/reader/sd/pii/S2667325821001102?token=4EC118898611D1BF87282E413C8312E62232E60E9677CD5EB4D89C5E1F6FD73D391FAB454C27DC834CBA1616C1B9367F&originRegion=us-east-1&originCreation=20230115134745
DOE Funds Next-Generation Rare Earths Processing Research Collaboration
https://www.asx.com.au/asxpdf/20220823/pdf/45d4zyssjrj06w.pdf
CEO & Managing Director Letter to Shareholders 12/21/2022
https://americanrareearths.com.au/wp-content/uploads/2022/12/20221221-MD-Letter-to-shareholders.pdf
A year of achievement behind us, a year of results ahead of us
Dear Shareholder,
The past few months have seen a sequence of events that have strengthened our
confidence that American Rare Earths is in the right place, at the right time, and with the
right commodity.
In fact, it would hard to find another company in the rare earth space that has as compelling
a story as does ARR:
• Two world-scale projects — the high-grade Halleck Creek deposits in Wyoming and
its counterpart in Arizona, La Paz.
• Both of our projects are environmental and socially responsible enjoying extremely
low penalty elements such as thorium and uranium, which is unique for rare earth
deposits.
• Outstanding metallurgy and mineralogy will reduce capital and operating costs using
conventional technology, opening the pathway to early production.
• Well-funded to achieve our planned objectives over the next 2 to 3 years, with cash
of $17.4m at end of last quarter and significant financial assets.
• Member of US Critical Materials Institute and key partner on multiple US Government
funded R&D initiatives designed to transform rare earth processing.
• Geopolitical forces — a US administration determined to promote domestic mining of
rare earths to lessen its country’s dependence on Chinese supply— that underpin our
objective to become a significant American-based supplier of critically needed rare
earths.
• Rapidly increasing global demand for rare earth elements.
In other words, we have the key mineral elements in the biggest economy in the world,
deposits that allow us to stand out from the rare earths crowd, and we are planning to
supply a world desperately seeking rare earths from a jurisdiction free of political risk.
Two of the largest REE projects in the US
The company’s continued success, especially with the Halleck Creek project in Wyoming
proving to be even more impressive that we initially expected, is setting up American Rare
Earths for an exciting year ahead as we move into 2023.
CEO & Managing Director Letter to Shareholders – December 2022 Page 2
While the company’s foundation project, La Paz in Arizona, is a vital part of American Rare
Earths’ corporate plan with its exploration target of just under a billion tonnes, our focus has
shifted in recent months to Halleck Creek which has qualities that will bolster the company’s
momentum and help it stand out in a widening field of new exploration players.
Halleck Creek is a potential company maker — its size, scale, and grades nearly ten times
that of La Paz warrant fast tracking. The staking of the adjoining claims at the Bluegrass
area adds substantially to Halleck Creek’s critical mass.
The recent drilling program at Halleck Creek of thirty-eight holes has been completed with
further details to be released in coming weeks. We may have a tiger by the tail at Halleck
Creek, the exploration target in excess of a billion tonnes is being authenticated by drilling,
and we are awaiting the results with quiet confidence.
The progress at Halleck Creek in just a few months has been very satisfying. In two recent
announcements 2 December and 15 December. Some key steps were detailed in the
development of this project in Wyoming, including:
• Mineralogy tests show that rare earth host mineral can be liberated easily.
• Host mineral Allanite contains approximately 90% of total rare earths present
• Simplicity of liberation allows for high recovery rates
• Ore strength (softness) is ranked in the lowest 14th percentile of 1,300 global
projects.
• Ore will require less grinding, meaning reduced energy use, lower costs and
improved throughput.
These are very encouraging results and are further steps forward in Halleck Creek’s
development given that one of the major costs in any processing plant is within the crushing
and grinding circuit.
A big agenda for 2023
Drill results and metallurgical studies will amplify the value of Halleck Creek in the coming
months. The project’s potential as a key domestic US rare earths supplier is coming much
closer to be being a commercial reality.
On our agenda for 2023 are:
• Announcing results of the 38-hole drill program at Halleck Creek.
• Updating exploration targets at both Halleck Creek and La Paz.
• A maiden resource estimate at Halleck Creek by the end of the first quarter.
• Metallurgical tests and scoping study to follow.
• Further resource drilling.
• Preliminary Economic Assessment at Halleck Creek.
• Continuing to work with R&D partners in the US Department of Energy innovation
hub and with the Critical Minerals and Materials Institute.
• Providing feedstock to funding program applicants including researchers from US
national laboratories and elite American ‘Research One’ universities.
CEO & Managing Director Letter to Shareholders – December 2022 Page 3
During 2023 we expect further news updates and, we hope, some great news. Some of the
R&D work with which we are involved could be transformational for the industry — and, of
course, American Rare Earths Ltd.
As I stated at the beginning of this shareholder letter, our company is in the right place, at
the right time, with the right product.
I would like to take the opportunity on behalf of the Board and Management to express our
sincere gratitude to long standing shareholders for their continued loyalty and support while
welcoming new investors. We look forward to a successful 2023 as we progress these
projects and unlock the true value for all shareholders.
Please keep in touch and follow our updates in 2023, including our latest quarterly report, via
our website, Twitter or LinkedIn.
12/15/2022 American Rare Earth Limited Metallurgical Tests at Halleck Creek Indicate Low Mining, Processing Costs
https://www.abnnewswire.net/press/en/115403/American-Rare-Earths-Limited-(ARRAX)-Metallurgical-Tests-at-Halleck-Creek-Indicate-Low-Mining-Processing-Costs-115403.html
Key US Rare Earths project shows viable pathway using conventional technology
Sydney, Dec 16, 2022 AEST (ABN Newswire) - American Rare Earths Limited (ASX:ARR) (ARRNF:OTCMKTS) (1BHA:FRA) is able to report that at its Halleck Creek rare earths elements project in Albany County, Wyoming, USA, metallurgical tests have paved the way for a potentially low-cost mining and processing operation using conventional technology.
The company, which is also progressing the La Paz REE project in Arizona, is positioning itself to be a key player in the North American supply chain for the renewable future. US Government policy now supports the revival of the American rare earths industry in order to decrease dependence on Chinese supply.
Highlights
The metallurgical tests, conducted by Wood Australia, show that Halleck Creek has favourable characteristics on a number of counts. These are:
- Low ore strength: the ore can be liberated easily, with the ore strength ranking in the lowest 14th percentile of more than 1,300 deposits globally. This requires minimal energy use.
- Ore abrasiveness is below average.
- The ore will require less coarse grinding at the processing plant, meaning another level of energy expenditure and the opportunity to increase capacity.
- These factors will make possible a simplified flow sheet reflecting lower capital cost outlays.
The recently completed comminution testing (which reduces the ore to minute particles) on core material from the Halleck Creek project provides the opportunity to optimize and simplify the grinding and crushing flow sheet. This further demonstrates the capability to reduce operating and capital cost using conventional technology.
Managing Director Chris Gibbs said that one of the major costs in any processing plant is within the crushing and grinding circuit. "These test results indicate there could be significant energy savings due to the ore softness. Simply put, the easier the ore is to crush and grind, the lower our operating costs will be. It will also enable higher throughput rates and efficiencies as the comminution circuit is so often the limiting factor for plant capacity. And, apart from energy savings, the less abrasive ore will lead to reduced wear and tear"
Under the guidance of Wood Australia, Nagrom Laboratories concluded the Feed Characterization/Comminution module of the test work program. This included SMC Testing Pty Ltd (SMC) that produces data used for the sizing of SAG mills and was originally designed to support Mine-to-Mill studies.
The SMC test work results indicate low ore competency which would translate to low specific energy consumption in a SAG mill. Compared to SMCs global database of over 1300 deposits, Halleck Creek was rated in the 14th percentile for ore competency. The Bond abrasion index test returned a value of 0.24, which is below the average of Wood Australia's database. The Bond ball mill work index test result of 15.6 kWh/t is close to average hardness relative to Wood's database.
The combination of values suggest that Halleck Creek ore should be suitable for processing in a SAG-Ball mill configuration without the need for pebble crushing and could also be processed in a single stage SAG mill. Other modes of grinding, such as high-pressure grinding mills and vertical roller mills may also be considered down track when sufficient sample mass is available for testing.
Next Steps
With oversight from Wood Australia, test work is currently underway on additional steps in the process flow sheet. This includes magnetic separation test work currently underway at Nagrom Laboratories in Perth, Western Australia. We will then transition to flotation testing of WHIMS magnetics at Auralia Metallurgy, to assess the potential for further upgrading. Testing will then commence on the leach process using Watts & Fisher's proprietary leach technology.
The Company will continue to provide updates on metallurgical test work as results come to hand.
Together with mineralogy tests results announced earlier this month (ASX release 2.12.2022) the economic and technical benefits from these new test results could be significant. Previously the company has advised that mineralogy tests have shown that rare earths host mineral at Halleck Creek can easily be liberated, while the host mineral Allanite contains approximately 90% of total rare earths present. American Rare Earths noted that Halleck Creek has the potential to be a key strategic project with the US, helping to bring supply of critical rare earths onshore.
*To view all tables and figures, please visit:
https://abnnewswire.net/lnk/90EY48LJ
American Rare Earths to Present at the Benchmark Company’s Upcoming Discovery One-on-One Investor Conference
https://www.abc27.com/business/press-releases/accesswire/726256/american-rare-earths-to-present-at-the-benchmark-companys-upcoming-discovery-one-on-one-investor-conference/
PHOENIX, AZ / ACCESSWIRE / November 17, 2022 / (OTCQB:ARRNF)(ASX:ARR), American Rare Earths Ltd, today announced it will be presenting at the Benchmark Company's 11th Annual Discovery One-on-One Investor Conference to be held Thursday, December 1st, 2022 at the New York Athletic Club in New York City.
****Note: Fidelity (Hong Kong) took a position in American Rare Earths last year at about .24/share. Current stock price is below that purchase. Both Halleck Creek & La Paz deposits are shaping up into what I believe will become the largest Rare Earth Tonnage deposits (with Scandium) here in the U.S.! The deposits are not contaminated with thorium and uranium like other deposits & will be easily mined via Open Pit/ESG/GHG principles. The teams are also working closely with U.S. govt. agencies & laboratories!
~This project is easily 7 years out Could be time to begin taking a position here.~ 2030~
Keep this one on your radar screens!
Chico
American Rare Earths to Webcast Live at Battery & Precious Metals Virtual Investor Conference October 18-20th
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3206-otcmkts/arrnf/129493-american-rare-earths-limited-to-webcast-live-at-battery-precious-metals-virtual-investor-conference-october-18-20th.html
DATE: October 20th, 2022
TIME: 1:30pm Eastern
LINK: https://bit.ly/3q1Z3Ka
Available for 1x1 meetings: October 20th and 21st, 2022
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. Mr. Weems will present the first updated presentation since the Company achieved Recent Major Milestones, including:
October 2022 Drilling Commences at Halleck Creek; Exploration Target increases 328%
September 2022 Annual Report to Shareholders
August 2022 DOE Funds Next-Generation Rare Earths Processing Research
August 2022 A$14M Placement to Support Rare Earths Growth Strategy
June 2022 ARR Teams up for Defense R&D Rare Earths processing
Mr. Weems will also outline the currently ongoing drill campaign to define a JORC Compliant Maiden Resource at Halleck Creek, metallurgy, and the Company's three US government funded R&D partnerships.
If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com.
IMHO:
On my watchlist- This has the potential to become the largest Rare Earth/Scandium producer in the U.S. (about 7 years out)....
Chico
Followers
|
14
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
98
|
Created
|
10/26/21
|
Type
|
Free
|
Moderators |
Australian explorer focused on cementing itself as a key player in the development of critical high value scandium and rare earths in mining friendly Arizona in the US.
American Rare Earths Limited (ARR) made its mark as the only ASX-listed company with exposure to the US rare earths market following its acquisition of the La Paz Scandium and Rare Earths Project in August 2019. The project, which has the potential to be the largest rare earth project in North America, contains an existing NI 43-101 resource.
The company is focused on building scale to meet critical US demand, and in August 2020 expanded its portfolio to include the Laramie Rare Earths Project in Wyoming.
ARR has an investment in Cobalt Blue Holdings’ (ASX:COB). The Company continues to hold rights to a Net Smelter Return (NSR) royalty of 2% on all cobalt production from the Thackaringa Project which was sold to Cobalt Blue Holdings Limited in February 2020. In addition, holding a A$3M Promissory Note (PN).
The La Paz Rare Earths + Scandium Project was founded in August 2019 with the initial US claims purchase in La Paz County, Arizona, approximately 105 miles northwest of Phoenix and 16 miles northeast of Bouse. The road transects the claims into southwestern and northeastern portions. With a contiguous footprint of over 218 federal lode mining claims over approximately 4,503 acres plus an Arizona state exploration permit for 640 acres, the increasing energy surrounding the La Paz Rare Earths Project has resulted in an assemblage that has the potential to be the largest rare earths project in North America. The full 5,143 +/- acres and considerable surrounding area lies fully in the Opportunity Zone and New Market Tax Credit Zone of Census Tract ID: 04012020100.
In addition to the vast area of claim control held in this Project, it is bolstered by excellent local infrastructure, including electricity, water, and gas lines all within 11km of its western boundary. Additionally, this project has the local asset of a skilled local workforce that is supported by a state of Arizona training mine and workforce development incentives. The location is in a non-conflict jurisdiction, earning a top 10 rank of 83 global mining jurisdictions by the Fraser Institute. Furthermore, the vast network of transport routes optimizes production and distribution channels, and provides an additional sense of safety and security to the local community. Located within the structural domain known as the Harcuvar metamorphic core complex within the Basin and Range Province, the La Paz area is also known for favorable weather conditions that allow for year-round mining and exploration.
By leveraging Arizona’s history of being mining-friendly, our various stakeholders have a vested interest in preserving the area with responsible mining requirements that can meet the growing needs for rare earths as well as maintain respect for the land. Unearthing penalty elements that have plagued rare earths projects globally, such as radioactive thorium and uranium, is also kept at a minimum. The radioactive content per ton of raw ore is 30X higher in a typical rare earths project.
Western Rare Earths (WRE), the wholly-owned subsidiary of Australian traded American Rare Earths Limited (ASX: ARR; OTCQB:ARRNF), is an exploration company established to acquire and develop the advanced La Paz Rare Earths and Scandium Project in Arizona, the Halleck Creek Rare Earths Project in Wyoming, and the Searchlight Heavy Rare Earths Project in Nevada. Additional Critical Minerals opportunities may be added to the platform.
WRE is focused on alleviating a supply deficit hindering the rapid growth of electric vehicles (EVs), the renewable energy revolution, and high-tech defense industries. While taking advantage of government push in the US, the EU, East Asia, and India, WRE will benefit from the pulling market trends of double-digit compound annual growth rates (CAGRs) for EV motors and wind turbines. WRE is in position to be the leader in planning and executing carbon-negative, environmentally responsible mining projects by leveraging world-class technical teams and experienced diverse leadership. We are collaborating with leading universities and national laboratories on research to develop disruptive sustainable biotech processing systems for Critical Minerals. With our La Paz Rare Earths Project location, WRE is on-shoring high-paying jobs to an Opportunity Zone location that is also eligible for New Markets Tax Credits (NMTC).
WRE is supplying feedstocks to researchers who are seeking funding from DARPA’s new Rare Earths bioengineering research program.
American Rare Earth’s wholly-owned US subsidiary Western Rare Earths (WRE) is supplying feedstock to researchers seeking funding from the US Defense Advanced Research Projects Agency’s (DARPA) new Rare Earth Elements (REE) bioengineering research program.
ARR plans to drill eight diamond holes across the new La Paz Southwest Project are in the US state of Arizona in a bid to firm up a conceptual exploration target of 742-928 million tonnes.
https://www.youtube.com/watch?v=DDa1qMJN2Xg&list=PLnk_WM-WosgWoqrpVeHqznrFKhjGr9mWG
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |