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American Rare Earths ( (AU:ARR) ) just unveiled an announcement.
American Rare Earths announced a significant metallurgical milestone at its Halleck Creek Project in Wyoming, demonstrating a 10-fold upgrade of rare earth concentration using cost-effective methods. This achievement, confirmed through large-scale testing, involves removing 93.5% of non-rare earth material early in the process, reducing refining requirements and costs. The results provide critical support for the upcoming Pre-Feasibility Study, de-risking the project and reinforcing its potential for efficient rare earth production.
More about American Rare Earths
American Rare Earths is a company focused on the exploration and development of rare earth element resources, primarily operating in the United States. Their key project is the Halleck Creek Rare Earths Project in Wyoming, which aims to efficiently upgrade rare earth ores using conventional, low-cost methods.
YTD Price Performance: 11.11%
Average Trading Volume: 407,574
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $106.1M
Find detailed analytics on ARR stock on TipRanks’ Stock Analysis page.