Company
ASX:ARR
American Rare Earths Ltd is a critical minerals company at the forefront of reshaping the U.S. rare earths industry. Through its wholly owned subsidiary, Wyoming Rare (USA) Inc., the company is advancing the Halleck Creek Project in Wyoming—a world-class rare earth deposit with the potential to secure America’s critical mineral independence for generations.
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Rare earths & specialist minerals
The report identified that the project merits further exploration and metallurgical test-work and while it is of relatively low grade, there is substantial room for expansion and upgrading through additional drilling.
Rare earths & specialist minerals
La Paz is a large tonnage, bulk deposit comprising high-value, light rare earth assemblage with the potential to be the largest, rare earth project in North America.
Rare earths & specialist minerals
The company is focused on commercialising the project and anticipates favourable conditions with increased demand for US domestic supply regardless of who wins the presidential elections in November.
Rare earths & specialist minerals
In August 2019 the company entered the lucrative US rare earth market through the acquisition of the La Paz Rare Earth Project in Arizona, which contains an existing NI 43-101 resource.
Rare earths & specialist minerals
A new US Presidential Executive Order highlights the strategic value of ARR’s two American rare earth projects to the US Government.
Rare earths & specialist minerals
A 15-trench program was undertaken to test for bedrock below extensive alluvium cover and encountered upper plate red beds containing between 168 and 355 ppm total rare earth metals and 5.7 to 14.6 ppm scandium.
Rare earths & specialist minerals
A 15-trench program was undertaken to test for bedrock below extensive alluvium cover and encountered upper plate red beds containing between 168 and 355 ppm total rare earth metals and 5.7 to 14.6 ppm scandium.
Rare earths & specialist minerals
The sampling demonstrated the host mineralisation extended beyond the previously established resource parameters in historical exploration.
Rare earths & specialist minerals
The company has executed a share purchase agreement to acquire Zenith Minerals subsidiary Wyoming Rare Pty Ltd, which holds the Laramie REE Project.
Rare earths & specialist minerals
Mapping and rock chip sampling have provided the potential to extend the resource area by around three times the original size.
Rare earths & specialist minerals
Marty Weems brings a wealth of experience with startup leadership and business development skills together with a background in leading presentations for government agencies, capital raisings and investor updates.
Rare earths & specialist minerals
The US Government’s focus on establishing a domestic rare earth industry is a key driver and powerful incentive for the company to accelerate growth and development of the project.
