ARR 0.00% 29.0¢ american rare earths limited

The Secretary’s report notes that the United States, as well as...

  1. 9,079 Posts.
    lightbulb Created with Sketch. 1383
    The Secretary’s report notes that the United States, as well as our allies and partners, are highlydependent on imports from China, and that the nascent domestic NdFeB magnet industry facessignificant barriers to reaching its production targets, including unfair Chinese practices. Thereport further noted that U.S. consumption of NdFeB magnets is forecast to more than doublefrom 2020 to 2030, driven by increased demand from electric vehicles and wind energyindustries.To mitigate the national security threat from foreign imports, the Biden-Harris Administrationwill implement Commerce’s recommendations including bolstering domestic productionthroughout the supply chain, promoting demand for U.S.-produced magnets, engaging with alliesand partners on supply chain resilience, supporting the development of a highly-skilledworkforce, and supporting research to mitigate supply chain vulnerabilities, along with otherefforts. In addition, to ensure continued support for the domestic NdFeB magnet industry in faceof unfair competition from China, the Biden-Harris Administration will continue to monitor thedomestic supply chain and take appropriate actions. QUOTE
    Seeing ARR is collaborating with esteemed research institutes funded by the US Government to create new processing technologies there is every chance to be included in further grants IMO

    https://www.bis.doc.gov/index.php/documents/section-232-investigations/3142-2022-09-fact-sheet-biden-harris-administration-announces-actions-to-secure-rare-earth-element/file
 
watchlist Created with Sketch. Add ARR (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
0.000(0.00%)
Mkt cap ! $143.0M
Open High Low Value Volume
29.0¢ 29.5¢ 28.5¢ $314.1K 1.086M

Buyers (Bids)

No. Vol. Price($)
2 40717 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 28384 1
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
ARR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.