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The latest announcement is out from American Rare Earths ( (AU:ARR) ).
American Rare Earths has announced successful results from a leach testing program conducted on ore from the Cowboy State Mine, part of the Halleck Creek Rare Earths Project in Wyoming. The tests, which were carried out at SGS’s laboratory in Canada, demonstrated high recovery rates for light rare earth elements like praseodymium and neodymium, and encouraging results for heavy rare earths such as terbium and dysprosium. The atmospheric tank leach method was chosen for its efficiency and cost-effectiveness. These results are pivotal for the ongoing metallurgical testing and flow-sheet development for the project’s Pre-Feasibility Study, marking a significant step in de-risking the project and optimizing processing outcomes, including reduced energy consumption and impurity removal.
More about American Rare Earths
American Rare Earths is a company operating in the rare earth industry, focusing on the extraction and processing of rare earth elements. The company is involved in projects aimed at producing rare earth magnet oxides, which are crucial for various high-tech applications.
Average Trading Volume: 609,964
Technical Sentiment Signal: Hold
Current Market Cap: A$119.2M
For detailed information about ARR stock, go to TipRanks’ Stock Analysis page.