American Rare Earths Limited Stock Price, News & Analysis

American Rare Earths has concluded a 38-hole drilling program at its Halleck Creek rare earths project in Wyoming, confirming mineralization up to 150m depth—33.33% more than previous estimates. A total of 5726 metres were drilled, with 3,817 samples collected for analysis. Geological data indicates strong rare earth element (REE) mineralization and the exploration target may exceed a billion tonnes. The deposit also extends eastward into the neighboring Bluegrass prospect. The company expects assay results to guide the creation of a maiden JORC resource estimate due in early Q1 2023.

American Rare Earths Ltd announced promising results from metallurgical tests at its Halleck Creek project in Wyoming, potentially establishing a low-cost rare earths mining operation. Conducted by Wood Australia, the tests revealed low ore strength, reduced energy needs, and lower grinding requirements, enhancing operational efficiency. The company, also working on the La Paz project in Arizona, aims to bolster the US supply chain for rare earths in light of governmental support to reduce reliance on China. Further testing is ongoing to refine the processing methods.

American Rare Earths Ltd (OTCQB:ARRNF) will present at the 11th Annual Discovery One-on-One Investor Conference on December 1, 2022, at the New York Athletic Club. Mr. Marty Weems, President - North America, will engage in one-on-one meetings with institutional analysts and investors. The conference aims to connect emerging publicly traded companies with potential investors. American Rare Earths focuses on supplying critical materials for renewable energy and electric vehicles, with significant assets in Arizona and Wyoming.

American Rare Earths Limited (ASX:ARR, OTCQB:ARRNF) is set to present live on October 20, 2022, at VirtualInvestorConferences.com. Marty Weems, President - North America, will discuss key developments including a 328% increase in exploration targets and ongoing drilling to define a JORC-compliant resource at Halleck Creek. The event allows real-time Q&A for investors. Archived webcasts will be available post-presentation. The company focuses on rare earths, positioning itself as a crucial supply chain alternative to China, with a significant $20 billion market expected by the mid-2020s.

American Rare Earths Limited participated in the inaugural Financial Times & Nikkei summit, addressing supply chain disruptions and foreign investment challenges. NA President Marty Weems highlighted the importance of building domestic talent in the rare earths industry, which has been largely offshored. He emphasized the need for streamlined government regulations to support mining operations. The summit facilitated positive discussions with US Department of Commerce leaders and various companies. American Rare Earths aims to contribute to the growing US market for rare earths, projected to reach US$20 billion by the mid-2020s.

American Rare Earths Limited (OTCQB:ARRNF) recently joined the Critical Minerals Institute (CMI), a collaborative platform aimed at addressing critical minerals supply chain challenges. The inaugural Critical Minerals Summit will occur on November 9, 2022, in Toronto. Company President Marty Weems highlighted the importance of partnerships and talent acquisition in the industry. ARR is also engaged in several U.S. government-funded R&D projects, enhancing its position in the growing rare earth metals sector, which is projected to reach US$20 billion by the mid-2020s.

American Rare Earths Limited (ASX: ARR, OTCQB: ARRNF) has announced a significant increase in the Exploration Target for its Halleck Creek project in Wyoming, underscoring its potential as one of the largest rare earth projects in the USA. The updated estimate reveals between 1.01 and 1.27 billion tonnes of mineralized rock with total rare earth oxide grades of 2,245 to 2,807 ppm. A recent capital raise has strengthened the company's balance sheet, enabling accelerated exploration efforts. The maiden drill campaign has shown promising results with consistent rare earth mineralization.

American Rare Earths Limited (OTCQB: ARRNF) announced its subsidiary, Western Rare Earths (WRE), has joined a research consortium with Phinix, LLC and Virginia Tech, awarded up to $500K by the DOE for R&D on rare earth extraction technologies. The project aims to produce rare earth oxides with >95% purity, using innovative gas-assisted micro-flow extraction methods. This collaboration supports cleaner, more efficient processing, enhancing North America's rare earth supply chain. ARRNF's projects include the La Paz and Halleck Creek, positioning it as a key player in the expanding $20 billion rare earth market by 2030.

American Rare Earths Limited announced that its US subsidiary, Western Rare Earths, is the sole industry member of a consortium led by Lawrence Livermore National Laboratory, awarded research funding of $4M USD for developing bio-based separation and purification of Rare Earth Elements (REEs). An additional $9M USD may follow based on performance. The funding supports the DARPA's EMBER program, aiming to innovate sustainable methods for REE extraction. The company's projects are characterized by unique mineral deposits, offering a significant alternative to China's REE supply dominance.