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Interesting article as ARR nears JORC announcement in the next...

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bluesamurai

8,783 Posts.

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26/03/23

11:34

Post #: 66962883
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Originally posted by bluesamurai: ↑

Compelling storyAmerican Rare Earths is in the right place, at the right time, and with the right commodities.• Two world-scale projects in mining friendly jurisdictions − the massive Halleck Creek Project in Wyoming and its Arizona counterpart, La Paz.• Environmentallyandsociallyresponsible−projectspermittingfriendlyandenjoylowpenaltyelements• Outstandingmetallurgyandmineralogy−willreducecapitalandoperatingcostsbyallowingconventionaltechnology,opening the pathway to early production.• Well-fundedwithcashof$15.5matendofDecember2022andsignificantfinancialassetsensuringwearewell positioned to achieve our planned objectives over the next 2 to 3 years.• Keypartnerships−memberofUSCriticalMaterialsInstituteandkeypartneronmultipleUSGovernmentfundedR&D initiatives designed to transform rare earth processing.• Geopoliticalforces−aUSadministrationdeterminedtopromotedomesticminingofrareearthstolessenitscountry’s dependence on Chinese supply that underpins our objective to become a significant American-based supplier of critically needed rare earths.• Marketfundamentals−rapidlyincreasingglobaldemandforrareearthelements.“In other words, we have the key mineral elements in the biggest economy in the world, deposits that allow us to stand out from the rare earths crowd, and we are planning to supply the USA desperately seeking rare earths from a jurisdiction free of political risk.” QUOTE This presentation to be delivered at the Ord Minnett East Coast mining conference 23/3/23 highlights the strong position ARR finds itself in right at the opportune time in this burgeoning industry, the JORC will accelerate market interest very soon IMO.

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Interesting article as ARR nears JORC announcement in the next few weeks ,looking forward to positive news IMO

https://www.globenewswire.com/en/news-release/2022/06/29/2471482/0/en/American-Rare-Earths-Ltd-Teams-Up-for-Defense-R-D-Rare-Earths-Processing.html
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