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American Rare Earths Ltd (ARRNF) is a leading rare earth elements company with strategic projects at Halleck Creek in Wyoming and La Paz in Arizona. The company collaborates with the U.S. Department of Energy and Virginia Tech on metallurgical studies to extract REE from ore. Recent results indicate high REE recovery at low temperatures, validating project assumptions and lowering operating costs. Allanite, the primary REE-bearing mineral, shows promise due to its low crystallinity, enhancing leachability. ARR is well-positioned to benefit from U.S. tariff policy changes, aiming to meet the demand for locally sourced critical minerals. The company's focus on sustainable extraction and processing methods aligns with the clean energy transition.
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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.
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American Rare Earths announces positive results from metallurgical testing program at Halleck Creek project
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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.
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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.
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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.
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American Rare Earths opens new US headquarters in Denver to strengthen its American presence and proximity to flagship operation in Wyoming.
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American Rare Earths (ASX: ARR) announces drilling program at Halleck Creek to upgrade JORC resource estimates. Program includes 865m in eight core holes and 1,500m in 15 reverse circulation holes. Deposit remains open at depth and width. Company plans additional drilling in surrounding claims. CEO expresses enthusiasm for project's potential and opportunity to reduce dependency on Chinese rare earths.
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American Rare Earths announces the appointment of Mr. Paul Zink to its Board, strengthening its presence in the United States.
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American Rare Earths announces addition of John G. Mansanti to its Board, strengthening its position in the rare earths industry and expanding its presence in the US.
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American Rare Earths appoints Kenneth Traub to its Board of Directors, enhancing shareholder value and expanding presence in the US.
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FAQ
What is the current stock price of AMERICAN RARE EARTHS (ARRNF)?
The current stock price of AMERICAN RARE EARTHS (ARRNF) is $0.1746 as of December 20, 2024.
What is the market cap of AMERICAN RARE EARTHS (ARRNF)?
The market cap of AMERICAN RARE EARTHS (ARRNF) is approximately 97.9M.
What are the strategic projects of American Rare Earths Ltd?
The company has projects at Halleck Creek in Wyoming and La Paz in Arizona, which are among North America's largest rare earth deposits.
Who is American Rare Earths collaborating with for metallurgical studies?
American Rare Earths is collaborating with the U.S. Department of Energy and Virginia Tech for metallurgical studies on REE extraction.
What recent results have been announced by American Rare Earths?
Recent results indicate high REE recovery at low temperatures, validating project assumptions and lowering operating costs.
What is the primary REE-bearing mineral at the Halleck Creek project?
Allanite is the primary REE-bearing mineral at the Halleck Creek project, showing promise due to its low crystallinity, enhancing leachability.
How is American Rare Earths positioned to benefit from U.S. tariff policy changes?
American Rare Earths is well-positioned to benefit from U.S. tariff policy changes by meeting the demand for locally sourced critical minerals.
How does American Rare Earths contribute to the clean energy transition?
The company focuses on sustainable extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition.
AMERICAN RARE EARTHS LTD
OTC:ARRNF
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ARRNF Stock Data
97.86M
321.10M
24.92%
7.69%
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