American Rare Earths (AU:ARR) has released an update.
American Rare Earths (ARR) announced a triumphant quarter with a A$10.7 million non-dilutive grant from the State of Wyoming for the Cowboy State Mine, significant assay results demonstrating rare earth enrichment, and a partnership with DARPA. The grant, along with positive exploration outcomes, paves the way for the Halleck Creek Project’s future, further substantiated by an acquisition proposal from a NASDAQ-listed company. Amidst these developments, ARR continues to progress with environmental permitting and ongoing metallurgical test work.
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