American Rare Earths ( (AU:ARR) ) has provided an update.
American Rare Earths has announced a significant increase in the mineral resource estimate for its Halleck Creek Rare Earth Project in Wyoming, with a 12.2% growth to 2.63 billion tonnes of Total Rare Earth Oxides. This expansion underscores the project’s potential as a strategic asset for U.S. critical mineral independence, enhancing its economic and national security significance. The updated resource model is expected to improve project economics, with further details to be integrated into upcoming scoping and pre-feasibility studies.
More about American Rare Earths
American Rare Earths (ARR) is a company involved in the rare earth industry, focusing on the exploration and development of large rare earth deposits. Their primary project is the Halleck Creek Rare Earth Project in Wyoming, which is positioned to meet U.S. critical mineral needs.
YTD Price Performance: 3.33%
Average Trading Volume: 427,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $83.64M
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