Wyoming Rare USA Secures Strategic Facility to Support Halleck Creek Project
American Rare Earths (ARRNF) has announced that its subsidiary, Wyoming Rare (USA), has secured a facility at the Western Research Institute in Laramie, Wyoming. This development follows a recent $7.1 million grant from the State of Wyoming for rare earth processing initiatives.
The facility will serve multiple purposes, including housing drill core and assay samples, and accommodating the construction of a pilot plant for processing capabilities. The Western Research Institute, a not-for-profit research organization, specializes in advanced energy systems, environmental technologies, and materials research.
This strategic partnership aims to advance the Halleck Creek Rare Earths Project and strengthen Wyoming's position in critical minerals development while supporting the company's mission to onshore critical mineral supply chains for the USA.
American Rare Earths (ARRNF) ha annunciato che la sua controllata, Wyoming Rare (USA), ha ottenuto una struttura presso il Western Research Institute a Laramie, Wyoming. Questo sviluppo segue un recente finanziamento di 7,1 milioni di dollari da parte dello Stato del Wyoming per iniziative di lavorazione delle terre rare.
La struttura avrà molteplici funzioni, tra cui l'accoglienza di campioni di perforazione e analisi, e ospiterà la costruzione di un impianto pilota per le capacità di lavorazione. Il Western Research Institute, un'organizzazione di ricerca senza scopo di lucro, si specializza in sistemi energetici avanzati, tecnologie ambientali e ricerca sui materiali.
Questa partnership strategica mira a far avanzare il Halleck Creek Rare Earths Project e a rafforzare la posizione del Wyoming nello sviluppo di minerali critici, supportando al contempo la missione dell'azienda di garantire le catene di fornitura di minerali critici per gli Stati Uniti.
American Rare Earths (ARRNF) ha anunciado que su filial, Wyoming Rare (EE. UU.), ha asegurado una instalación en el Western Research Institute en Laramie, Wyoming. Este desarrollo sigue a una reciente subvención de 7,1 millones de dólares del Estado de Wyoming para iniciativas de procesamiento de tierras raras.
La instalación servirá para múltiples propósitos, incluyendo el almacenamiento de muestras de testigos de perforación y análisis, y albergará la construcción de una planta piloto para capacidades de procesamiento. El Western Research Institute, una organización de investigación sin fines de lucro, se especializa en sistemas de energía avanzada, tecnologías ambientales y investigación de materiales.
Esta asociación estratégica tiene como objetivo avanzar en el Halleck Creek Rare Earths Project y fortalecer la posición de Wyoming en el desarrollo de minerales críticos, al tiempo que apoya la misión de la empresa de asegurar las cadenas de suministro de minerales críticos para EE. UU.
American Rare Earths (ARRNF)는 자회사인 Wyoming Rare(미국)가 와이오밍주 라라미에 위치한 Western Research Institute에서 시설을 확보했다고 발표했습니다. 이번 개발은 최근 와이오밍주에서 희귀광물 가공 이니셔티브를 위해 710만 달러의 보조금을 받은 것에 따른 것입니다.
이 시설은 시추 코어 및 분석 샘플 보관과 가공 능력 향상을 위한 파일럿 플랜트 건설을 수용하는 등 여러 용도로 사용될 것입니다. Western Research Institute는 비영리 연구 기관으로 고급 에너지 시스템, 환경 기술 및 재료 연구를 전문으로 합니다.
이번 전략적 파트너십은 Halleck Creek Rare Earths Project를 발전시키고, 와이오밍의 중요한 광물 개발 위치를 강화하며, 미국의 중요한 광물 공급망을 육성하려는 회사의 사명을 지원하는 것을 목표로 합니다.
American Rare Earths (ARRNF) a annoncé que sa filiale, Wyoming Rare (USA), a sécurisé une installation à l'Institut de Recherche de l'Ouest à Laramie, Wyoming. Ce développement fait suite à une récente subvention de 7,1 millions de dollars de l'État du Wyoming pour des initiatives de traitement des terres rares.
Cette installation servira à plusieurs fins, y compris le stockage d'échantillons de carottes de forage et d'analyses, et accueillera la construction d'une usine pilote pour des capacités de traitement. L'Institut de Recherche de l'Ouest, une organisation de recherche à but non lucratif, se spécialise dans les systèmes énergétiques avancés, les technologies environnementales et la recherche sur les matériaux.
Ce partenariat stratégique vise à faire avancer le Halleck Creek Rare Earths Project et à renforcer la position du Wyoming dans le développement de minéraux critiques tout en soutenant la mission de l'entreprise de garantir les chaînes d'approvisionnement de minéraux critiques pour les États-Unis.
American Rare Earths (ARRNF) hat angekündigt, dass ihre Tochtergesellschaft Wyoming Rare (USA) eine Einrichtung am Western Research Institute in Laramie, Wyoming, gesichert hat. Diese Entwicklung folgt auf eine kürzliche Zuwendung von 7,1 Millionen Dollar des Bundesstaates Wyoming für Initiativen zur Verarbeitung seltener Erden.
Die Einrichtung wird mehrere Zwecke erfüllen, darunter die Unterbringung von Bohrkernen und Analyseproben sowie den Bau einer Pilotanlage für Verarbeitungsmöglichkeiten. Das Western Research Institute, eine gemeinnützige Forschungseinrichtung, ist spezialisiert auf fortschrittliche Energiesysteme, Umwelttechnologien und Materialforschung.
Diese strategische Partnerschaft zielt darauf ab, das Halleck Creek Rare Earths Project voranzutreiben und die Position Wyomings in der Entwicklung kritischer Mineralien zu stärken, während sie gleichzeitig die Mission des Unternehmens unterstützt, kritische Mineralversorgungsketten für die USA zu fördern.
- Secured $7.1 million grant from Wyoming State
- New facility acquisition for centralized operations and pilot plant
- Strategic partnership with established research institute
- Enhanced operational capabilities for rare earth processing
- None.
DENVER, Dec. 20, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ARR) (ASX: ARR | OTCQX: ARRNF, AMRRY) is pleased to announce that its wholly owned subsidiary, Wyoming Rare (USA) Inc., has secured a facility at the Western Research Institute in Laramie, Wyoming. This significant development marks a key step forward in the company’s efforts to progress the Halleck Creek Rare Earths Project and enhance its operational capabilities in the region.
This follows the recent award of a USD
Key Features of the Facility and Partnership:
- Centralized Operations: The facility will house all drill core and assay samples collected to date, providing a central location for streamlined operations.
- Future Pilot Plant Site: The space will accommodate the construction of a pilot plant, advancing the development and testing of processing capabilities for the project.
- Collaboration: This partnership lays the groundwork for further synergies, leveraging the Western Research Institute’s expertise.
The Western Research Institute, located in Laramie, Wyoming, is a multi-million dollar, not-for-profit, research organization renowned for work in advanced energy systems, environmental technologies and materials research and technologies. Their headquarters and advanced technology center includes laboratories, pilot facilities and room for new development.
“This is an exciting milestone for the company and our progression of the Cowboy State Mine at Halleck Creek,” said Joe Evers, President of Wyoming Rare (USA) Inc. “The support of the State of Wyoming and our collaboration with the Western Research Institute highlights Wyoming’s commitment to becoming a leader in critical minerals development. This facility helps to advance our mission of onshoring critical mineral supply chains for the USA while highlighting Wyoming’s position a leader in critical minerals and rare earth elements.”
This announcement has been approved by the CEO 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.
For additional information:
Susan Assadi
Media Relations US
sassadi@americanree.com
347 977 7125
Beverly Jedynak
Investor Relations US
Beverly.jedynak@viriathus.com
312 943 1123
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d20eda27-652e-4b80-ab6c-96083ea5d765
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