ARR

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25.0¢ american rare earths limited

Spotlight on American Rare Earths, page-4176

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bluesamurai

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27/05/24

11:57

Post #: 74023483
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Originally posted by bluesamurai: ↑

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

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The obligatory Monday morning side step seems to be diminishing some confidence returning, awaiting the next announcements in the coming weeks IMO

ARR Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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Last 25.0¢		Change -0.005(1.96%)		Mkt cap ! $123.6M

Open	High	Low	Value	Volume
24.5¢	25.0¢	24.0¢	$99.24K	402.5K

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No.	Vol.	Price($)
11	206983	24.0¢

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Price($)	Vol.	No.
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Spotlight on American Rare Earths, page-4176

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

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Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Buyers (Bids)

Sellers (Offers)

Featured News

Spotlight on American Rare Earths, page-4176

Top Stories

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News