STOCK TITAN

AMERICAN RARE ERTHS S/ADR - AMRRY STOCK NEWS

Welcome to our dedicated page for AMERICAN RARE ERTHS S/ADR news (Ticker: AMRRY), a resource for investors and traders seeking the latest updates and insights on AMERICAN RARE ERTHS S/ADR stock.

American Rare Earths (AMRRY) is a leading company focused on the extraction and processing of Rare Earth Elements (REE). Through collaborations with the U.S. Department of Energy and Virginia Tech, AMRRY has achieved positive results in metallurgical leaching studies. The company's flagship projects at Halleck Creek and La Paz in North America position it well to meet the growing demand for critical minerals essential for clean energy technologies. With a commitment to sustainable practices and innovative solutions, AMRRY aims to play a key role in the clean energy transition and strengthen the U.S. supply chain for REEs.

Rhea-AI Summary
American Rare Earths (ARRNF) has announced an increase of in-situ resources at Halleck Creek to 2.34 billion tonnes at 3,196 ppm TREO, representing a 64% increase from the previous estimate. The progress in mine planning and metallurgy supports a cut-off grade of 1,000 ppm TREO, indicating significant growth potential for the project. The company is working with Stantec to develop a JORC scoping study, with the CEO Donald Swartz expressing confidence in the project's potential and low-cost mine plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
American Rare Earths (ARRNF) announces successful preconcentration of Halleck Creek ore to 3.5% TREO, a 200% increase from existing flowsheet design. Collaboration with Lawrence Livermore National Laboratory and University of Kentucky leads to significant reduction in capital and operating expenditures. The project advances to the next phase of study, with discussions around funding and next steps.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.53%
Tags
none
-
Rhea-AI Summary
American Rare Earths Limited (ARR) has reported significantly higher grades in recent RC drilling assays, with an average total rare earth oxide (TREO) grade increase of 26% to 4,179 ppm for the entire exploration program. The highest grade assay reached 11,040 ppm TREO, and numerous holes exhibited grades exceeding 1500 ppm TREO along nearly their entire 102 m length. The company is currently undergoing a resource modeling update with a significant upgrade to JORC resource estimates expected in the coming months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) has announced exceptional results from the recently completed diamond drilling program at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming. The drilling results confirm that the deposit remains open at depth to at least 302 m (990.81 ft) and the assays received exhibit TREO averages 4,478 ppm, significantly higher than the previous resource estimate. The CEO, Donald Swartz, expressed excitement about the potential to upgrade the existing JORC Resource and the future potential given the depth of enrichment. The recent metallurgy results indicate that the Halleck Creek Project is similar to a clay-hosted rare earth deposit when it comes to processing technology, making it easier to process and low in penalty elements of Thorium and Uranium.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
American Rare Earths Limited (ARR) to participate in Morgan Stanley’s Metals & Mining panel on November 30, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.43%
Tags
conferences
-
Rhea-AI Summary
American Rare Earths Limited (ASX: ARR) announces the retirement of long-serving Chairman of the board, Mr. Francis Creagh O’Connor, effective at the Annual General Meeting on November 16, 2023. Mr. Kenneth ‘Ken’ Traub, who joined the Board on August 18, 2023, has become Chairman immediately. The retiring Chairman, Mr. O’Connor, has accepted the title “Chairman Emeritus” and will provide wisdom and guidance to the board. Mr. Traub, with over 30 years of experience, aims to lead the Company forward in maximizing shareholder value and addressing the critical need for rare earth minerals in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Rhea-AI Summary
American Rare Earths announces positive results from metallurgical testing program at Halleck Creek project
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
American Rare Earths announces update on autumn exploration drilling and completion of significant mapping and sampling work at Halleck Creek, revealing potential for a larger, higher-grade resource. Summer drilling program confirms rare earth mineralization across a broader area and at a higher grade than previously known. Encouraging results establish Halleck Creek property as potentially the largest US mining play for rare earths.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
American Rare Earths announces changes to US management team, with Mel Sanderson transitioning out of executive role as President of North America and two new business leaders appointed. Joe Evers joins as General Counsel and Jennifer Almquist as Head of Investor Relations. Sanderson will continue as non-executive director and chair the Government and Public Relations and ESG committee. Positive for company's strategic plan and building US presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
American Rare Earths announces high-grade field assay results at the Beaver Creek rare earth project in Wyoming. TREO grades range from 5.8% to 13.9% and neodymium + praseodymium grade range from 1% to 2.2%. Land holding increased by 85%. Further exploration activities planned.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of AMERICAN RARE ERTHS S/ADR (AMRRY)?

The current stock price of AMERICAN RARE ERTHS S/ADR (AMRRY) is $10.03 as of October 15, 2024.

What is the market cap of AMERICAN RARE ERTHS S/ADR (AMRRY)?

The market cap of AMERICAN RARE ERTHS S/ADR (AMRRY) is approximately 90.5M.

What is American Rare Earths focused on?

AMRRY is focused on the extraction and processing of Rare Earth Elements (REE).

What are some of AMRRY's recent achievements?

AMRRY has achieved positive results in metallurgical leaching studies and is strategically positioned with flagship projects at Halleck Creek and La Paz.

How does AMRRY contribute to the clean energy transition?

AMRRY plays a crucial role by supplying critical minerals essential for clean energy technologies.

What partnerships does AMRRY have?

AMRRY collaborates with the U.S. Department of Energy and Virginia Tech on research and development projects.

What is AMRRY's long-term goal?

AMRRY aims to strengthen the U.S. supply chain for REEs and promote sustainable practices in the industry.

AMERICAN RARE ERTHS S/ADR

OTC:AMRRY

AMRRY Rankings

AMRRY Stock Data

90.48M
393.89M
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Sydney