Mel Sanderson, Non-Executive Director of American Rare Earths, recently discussed with Steve Darling from Proactive the company’s strategic decision to restructure operations to better advance the Halleck Creek resource. Following an extensive strategic review, the Board of Directors has implemented operational and structural changes aimed at positioning the Halleck Creek Project as a key strategic resource for U.S. markets. These changes are designed to make Halleck Creek more appealing to major U.S. investors, facilitating its development while maximizing value for existing shareholders. One of the most significant changes is the establishment of Wyoming Rare Inc. (WRI), a wholly owned subsidiary of American Rare Earths, which will take on the development of the Halleck Creek Project. QUOTE
This video on Proactive Investors explains the path of development in Wyoming IMO
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