American Rare Earths’ Halleck Creek Scoping Study released:
Earlier this week, American Rare Earths (ARR) announced results of a Scoping Study on its Halleck Creek REE project in Wyoming.
The Study, which was completed by Stantec Consulting, outlined the project's initial capex at $456M and projected a pre-tax NPV10 of $505M and a ~3-year payback period.
Last month the company announced an increased Halleck Creek MRE of 2,342 million tonnes grading 3,196 ppm TREO using a cut-off grade of 1,000 ppm TREO.
In the proposed flowsheet, the REE-bearing allanite ore from Halleck Creek will be concentrated to a grade of 3.5% to 4% at the mine site, then will be separated into oxides of NdPr, Dy, Tb, La and a mixed Sm-Eu-Gd concentrate at a facility to be built near Wheatland, Wyoming. ARR anticipate the completion of a PFS within the next 12 months.
Adamas take: A positive outcome for the Scoping Study although with a relatively low-grade resource and unproven mineralogy at scale, the upcoming PFS will be key to validate the viability of the project.
https://www.adamasintel.com/
- Forums
- ASX - By Stock
- ARR
- Ann: Scoping Study, low-cost, scalable world-class REE Project
Ann: Scoping Study, low-cost, scalable world-class REE Project, page-73
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARR (ASX) to my watchlist
|
|||||
Last
31.5¢ |
Change
0.025(8.62%) |
Mkt cap ! $155.4M |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 28.5¢ | $1.036M | 3.410M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 260568 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.310 |
4 | 54815 | 0.305 |
1 | 50000 | 0.300 |
2 | 58533 | 0.295 |
3 | 195000 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 258068 | 7 |
0.320 | 457187 | 14 |
0.325 | 185000 | 3 |
0.330 | 345485 | 8 |
0.335 | 65000 | 2 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
ARR (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online