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American Rare Earths ( (AU:ARR) ) has issued an update.
American Rare Earths has announced successful results from its extensive leach testing program at the Halleck Creek Rare Earths Project in Wyoming. The tests demonstrated high leach recoveries for light rare earth elements and encouraging results for heavy rare earths, with significantly lower impurities. The preferred leaching method, atmospheric tank leaching, is noted for its efficiency and cost-effectiveness. These results are crucial for the ongoing metallurgical testing and flow-sheet development for the Cowboy State Mine Pre-Feasibility Study, marking a significant milestone in the project’s technical de-risking and advancing the production of rare earth magnet oxides.
More about American Rare Earths
American Rare Earths is a company operating in the rare earth elements industry, focusing on the exploration and development of rare earth projects. Their primary products include rare earth elements such as praseodymium, neodymium, terbium, and dysprosium, with a market focus on rare earth magnet oxides.
Average Trading Volume: 629,504
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$131.9M
Find detailed analytics on ARR stock on TipRanks’ Stock Analysis page.