USA Rare Earth produces sample of dysprosium oxide with purity of 99.1%

USA Rare Earth achieved a milestone in its Texas Round Top mine project, producing a sample of dysprosium oxide with a purity of 99.1 wt.%. The dysprosium oxide sample was produced using ore from the Texas Round Top deposit and USA Rare Earth’s proprietary rare earth extraction and purification technology, developed at the Company’s Wheat Ridge, Colorado research facility. “Our engineering team in Colorado, led by Ben Kronholm, a leading mineral process technologist, made significant strides this past year in unlocking the deposit at Texas Round Top,” said Joshua Ballard, CEO. “In addition to dysprosium oxide, our team has now produced a variety of rare earth elements, including terbium and the light rare earth element neodymium, among others. We’re excited about the progress we’ve made in bringing this processing capability back home to the United States while simultaneously unlocking the tremendous potential value we hold at Texas Round Top.”