American Rare Earths Congratulates Melissa Sanderson on Strategic Appointment as Co-Chair of the Critical Minerals Institute
American Rare Earths (ARRNF) announces the appointment of board member Melissa Sanderson as Co-Chair of the Critical Minerals Institute (CMI). With extensive experience in diplomacy and private sector leadership, Sanderson's appointment strengthens ARR's position in developing North American rare earth elements supply chains. Her role at CMI will enhance the company's influence in critical minerals advocacy and policy-making. The appointment follows her successful efforts in securing a Letter of Interest from the Export-Import Bank of the United States for ARR's development projects. The company operates the Halleck Creek Project in Wyoming and La Paz deposit in Arizona, potentially becoming North America's largest rare earth projects.
American Rare Earths (ARRNF) annuncia la nomina del membro del consiglio Melissa Sanderson come Co-Presidente del Critical Minerals Institute (CMI). Con una vasta esperienza in diplomazia e leadership nel settore privato, la nomina di Sanderson rafforza la posizione di ARR nello sviluppo delle catene di approvvigionamento di elementi rari in Nord America. Il suo ruolo presso il CMI aumenterà l'influenza dell'azienda nella difesa e nella creazione di politiche sui minerali critici. La nomina segue i suoi sforzi di successo per ottenere una Lettera di Interesse dalla Export-Import Bank degli Stati Uniti per i progetti di sviluppo di ARR. L'azienda gestisce il Halleck Creek Project nel Wyoming e il La Paz deposit in Arizona, che potrebbero diventare i più grandi progetti di terre rare del Nord America.
American Rare Earths (ARRNF) anuncia el nombramiento de la miembro de la junta Melissa Sanderson como Co-Presidente del Critical Minerals Institute (CMI). Con una amplia experiencia en diplomacia y liderazgo en el sector privado, el nombramiento de Sanderson refuerza la posición de ARR en el desarrollo de cadenas de suministro de elementos de tierras raras en América del Norte. Su papel en CMI aumentará la influencia de la empresa en la defensa y la formulación de políticas sobre minerales críticos. El nombramiento sigue a sus esfuerzos exitosos para asegurar una Carta de Interés del Banco de Exportación e Importación de los Estados Unidos para los proyectos de desarrollo de ARR. La empresa opera el Halleck Creek Project en Wyoming y el La Paz deposit en Arizona, que podrían convertirse en los proyectos de tierras raras más grandes de América del Norte.
American Rare Earths (ARRNF)는 이사 Melissa Sanderson를 Critical Minerals Institute (CMI)의 공동 의장으로 임명한다고 발표했습니다. 외교 및 민간 부문 리더십에서의 풍부한 경험을 가진 Sanderson의 임명은 ARR가 북미 희토류 공급망을 개발하는 데 있어 강력한 입지를 다지는 데 기여합니다. CMI에서의 그녀의 역할은 중요한 광물 옹호 및 정책 수립에서 회사의 영향력을 강화할 것입니다. 이번 임명은 ARR의 개발 프로젝트를 위한 미국 수출입 은행의 관심 서한을 확보하기 위한 그녀의 성공적인 노력에 이어 이루어졌습니다. 이 회사는 와이오밍의 Halleck Creek Project와 애리조나의 La Paz deposit를 운영하고 있으며, 이는 북미에서 가장 큰 희토류 프로젝트가 될 수 있습니다.
American Rare Earths (ARRNF) annonce la nomination de la membre du conseil Melissa Sanderson au poste de Co-Présidente du Critical Minerals Institute (CMI). Avec une vaste expérience en diplomatie et en leadership dans le secteur privé, la nomination de Sanderson renforce la position d'ARR dans le développement des chaînes d'approvisionnement en éléments de terres rares en Amérique du Nord. Son rôle au CMI renforcera l'influence de l'entreprise dans la défense des minerais critiques et l'élaboration des politiques. La nomination fait suite à ses efforts fructueux pour obtenir une Lettre d'Intérêt de la Banque d'Exportation et d'Importation des États-Unis pour les projets de développement d'ARR. L'entreprise gère le Halleck Creek Project dans le Wyoming et le La Paz deposit en Arizona, qui pourraient potentiellement devenir les plus grands projets de terres rares d'Amérique du Nord.
American Rare Earths (ARRNF) gibt die Ernennung des Vorstandsmitglieds Melissa Sanderson zur Co-Vorsitzenden des Critical Minerals Institute (CMI) bekannt. Mit umfangreicher Erfahrung in Diplomatie und Führungspositionen im privaten Sektor stärkt Sandersons Ernennung die Position von ARR bei der Entwicklung von Lieferketten für seltene Erden in Nordamerika. Ihre Rolle im CMI wird den Einfluss des Unternehmens in der Advocacy und der politischen Gestaltung in Bezug auf kritische Mineralien erhöhen. Die Ernennung folgt ihren erfolgreichen Bemühungen, ein Interessenschreiben von der Export-Import-Bank der Vereinigten Staaten für die Entwicklungsprojekte von ARR zu sichern. Das Unternehmen betreibt das Halleck Creek Project in Wyoming und das La Paz deposit in Arizona, die potenziell zu den größten Projekten für seltene Erden in Nordamerika werden könnten.
- Secured Letter of Interest from EXIM Bank for project funding
- Strategic appointment enhancing government relations and policy influence
- Company owns two potentially largest rare earth projects in North America
- None.
DENVER, Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) ("ARR" or "the Company") proudly announces that Melissa Sanderson, a key member of our Board of Directors, has been appointed Co-Chair of the Critical Minerals Institute (CMI), a global organization dedicated to addressing critical challenges and opportunities in the minerals sector. This prestigious role highlights Ms. Sanderson’s expertise in sustainable development and policy advocacy, aligning with ARR's commitment to establishing a resilient North American supply of rare earth elements (REE).
As North America works to build an independent, secure REE supply chain, Ms. Sanderson’s distinguished career in both public service and the private sector has provided ARR with invaluable insights into geopolitics and environmental, social, and governance (ESG) strategies. Her CMI role strengthens her influence and reinforces ARR's leadership in advancing a sustainable, ethically sourced REE supply chain. With decades of experience as a U.S. diplomat, Ms. Sanderson served in impactful roles across Latin America, Europe, and Africa, notably re-establishing U.S.-Democratic Republic of Congo relations and supporting the nation’s first democratic elections in over 40 years. In the private sector, she held a prominent position at Freeport-McMoRan Inc., where she integrated government relations with sustainable development, advancing critical ESG goals.
Strategic Impact and North American Rare Earth Challenge
As North America works to reduce its dependence on foreign-sourced rare earths, Ms. Sanderson’s appointment comes at a pivotal time. Her role at CMI will provide ARR and the wider industry with a stronger voice in critical minerals advocacy, influencing the policies and market frameworks that shape this essential sector. Her leadership at CMI will drive forward vital discussions on national security, sustainable resource management, and economic competitiveness—issues at the core of ARR’s mission to support green technologies with responsibly sourced rare earths.
Ms. Sanderson’s Contributions to ARR
Since joining ARR’s Board, Ms. Sanderson has played an instrumental role in advancing the company’s government affairs initiatives in the U.S., including forging critical relationships with government agencies to support ARR’s strategic goals. Her efforts were pivotal in securing a recent Letter of Interest from the Export-Import Bank of the United States (EXIM Bank), marking a key step toward securing potential funding for ARR’s development projects. This accomplishment demonstrates her ability to leverage her deep expertise and extensive network for ARR’s benefit, driving forward our commitment to becoming a leading U.S.-based supplier of rare earths.
Richard Hudson, Chairman of American Rare Earths, commented:
“We are immensely proud of Melissa’s appointment as Co-Chair of the Critical Minerals Institute, a role that highlights her exceptional value to ARR and the critical minerals industry. Her leadership is essential as North America tackles the rare earth supply challenge in a sustainable and future-focused way. Melissa’s contributions to ARR, especially her success in advancing U.S. government relations and securing pivotal funding opportunities with EXIM Bank, underscore her commitment to making a meaningful difference. This appointment is a testament to the positive impact ARR leaders are making in this vital sector.”
American Rare Earths congratulates Ms. Sanderson on this well-deserved appointment, confident that her expanded role with CMI will continue to bring substantial value to ARR and the broader critical minerals community.
This market announcement has been authorized for release to the market by the Chairman of American Rare Earths Limited.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) owns Wyoming Rare (USA) Inc. which is focused on the development of the Halleck Creek Project, WY. It also owns La Paz, AZ rare earth deposit. Both can potentially become the largest and most sustainable rare earth projects in North America. The Company is developing environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security. The Company continues to evaluate other exploration opportunities and is collaborating with US Government-supported R&D to develop efficient processing and separation techniques of (REEs) elements to help ensure a renewable future.
Further information
Susan Assadi
North American Media Relations
American Rare Earths Limited
US: 347 977 7125
sassadi@AmericanREE.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/823244a3-4309-4db1-b9dc-1a9771b5f348
FAQ
What is Melissa Sanderson's new role at Critical Minerals Institute for ARRNF?
What major projects does American Rare Earths (ARRNF) currently own?
What recent funding milestone did ARRNF achieve through EXIM Bank?
