ARR 8.62% 31.5¢ american rare earths limited

Ann: ARR Teams up for Defense Rare Earths R&D Processing, page-7

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    Highlights• The team was awarded an initial $4M USD (A$5.576M) in Phase 1.• Additional $9M USD (A$12.547M) may be added in follow-on phases, based onperformance.• Feedstocks from the La Paz and Halleck Creek Rare Earth Projects have been providedto researchers.The funding provides research support for the Defense Advanced Research Projects Agency’s (DARPA) Environmental Microbes as a BioEngineering Resource (EMBER) program. EMBER has charged LLNL to lead the consortium in developing a biotechnology-based separation and purification strategy for Rare Earth Elements (REEs) from under-utilized domestic sources. The program aims to deliver multiple capabilities such as the separation of REE mixtures into individual elements.Chris Gibbs, MD/CEO of American Rare Earths Limited, said, “We are honoured to have our US technical and management team collaborate with the leading researchers on cutting-edge technologies. Rare Earths separation and purification would benefit from a new tech stack combined with traditional mineral processing approaches. A renewable, reusable, sustainable approach will meet fewer permitting hurdles.” QUOTE
    ARR is in a unique position that provides a real point of difference with rare earth developers in the US , the bipartisan support from Government places the company in a strong position to succeed IMO.




 
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