Dear Shareholders, On behalf of the Board, I am pleased to present my address to shareholders for the 2025 Annual General Meeting at a pivotal moment for the Company and the U.S. rare earths industry. Heightened geopolitical tensions and recent restrictions on rare earths exports from China have accelerated U.S. government efforts to secure a permanent domestic mine-to-magnet supply chain. Against this backdrop, [...]
Highlights Preliminary Updated Mineral Processing Flowsheet Following the recent leaching and impurity removal test results1, American Rare Earths is pleased to release a preliminary updated mineral processing flowsheet for the Halleck Creek Rare Earths Project 2. These preliminary results represent a significant milestone for the Company, which brings Halleck Creek one step closer to becoming the United States' next [...]
American Rare Earths advises the following changes to its Board of Directors, with the appointment of Mr. Jason Beckton as Non-Executive Director and the resignation of Mr. Hugh Keller as Non-Executive Director, both effective October 28, 2025. The Company is pleased to announce the appointment of Mr. Jason Beckton as a Non-Executive Director. The Company also advises that Mr. Hugh Keller has resigned as Non-Executive [...]
Key Highlights Major macroeconomic and geopolitical shifts during the quarter are reshaping the Western mine-to-magnet industry The Halleck Creek Rare Earths Project represents a long-term, strategic solution to securing America's rare earths supply Why it Matters The Halleck Creek Rare Earths Project: A Wyoming Solution to Diversify and De-Risk the United States' Upstream Rare Earths Supply Chain DENVER, Oct. 17, 2025 [...]
Highlights Impurity Removal Metallurgical Tests Yield Allanite Rare Earths Processing Breakthrough: Impurity removal is one of the last steps in the hydrometallurgical processing of rare earths elements and is performed to remove non-REE minerals from the leach liquor prior to solvent extraction and separation . Historically, this has been a challenging step for processing allanite-based REEs, like Halleck Creek's ore, as [...]
Highlights ~3,080 tonnes of Halleck Creek ore mined and crushed ~13.7 tonnes of ore samples sent to comminution vendors for optimization testing Tests will target low-effort, but high-yield opportunities to increase overall rare earth magnet element recoveries and strengthen project economics Remaining ore will be stockpiled as feedstock for a demonstration plant DENVER, Sept. 23, 2025 -- American Rare Earths , through [...]
Highlights First Blast Successfully and Safely Completed Excavation of Weathered Material & Construction of Test Mine Underway Bulk sample collection initiated for processing optimization & demonstration plant ore stockpile DENVER, Aug. 18, 2025 -- American Rare Earths , through its subsidiary Wyoming Rare Inc. , has commenced construction of a test mine at the Cowboy State Mine , part of the Halleck Creek deposit, under [...]
Highlights Mixed heavy and light rare earth oxide concentrates produced from Halleck Creek's allanite-based ore as part of the US Department of Defense's on-going Defense Advanced Research Projects Agency Environmental Microbes as a BioEngineering Resource project. Results include: 97.1% pure Heavy Rare Earth Oxide 96.4% pure Light Rare Earth Oxide First production of Light Rare Earth Oxides and Heavy Rare Earth Oxides [...]
Highlights Firm commitments received via an institutional private placement to raise gross proceeds of A$15.0 million at an issue price of A$0.32 per share Strong support received from existing shareholders and institutional investors Funds raised to accelerate development of the Halleck Creek project, one of the largest rare earths deposit in the U.S. ARR to unlock its potential to meet the growing demand from the U.S [...]
Highlights Mineral Processing optimization tests underway Multiple parallel avenues of testing in progress with the objective of increasing overall magnet rare earths recoveries Long lead time equipment ordered for a demonstration plant Conventional magnetic separation equipment ordered, a critical component of a demonstration plant Test mining set to commence Test mining at the Cowboy State Mine to provide bulk samples [...]
Highlights High Light Rare Earths Leach Recoveries Praseodymium leach recoveries of 85% at optimal conditions Neodymium leach recoveries of 84% at optimal conditions Encouraging Heavy Rare Earths Leach Recoveries Terbium leach recoveries of 52% at optimal conditions Dysprosium leach recoveries of 46% at optimal conditions Significantly lower impurity elements of iron and aluminum Concentrations of iron and aluminum [...]
HIGHLIGHTS 10 groundwater monitoring wells successfully installed across the CSM site Baseline environmental and groundwater data now being collected Permitting is advancing on Wyoming State land, which offers a streamlined and efficient approval pathway Collected data will support both mine permit applications and the Pre-Feasibility Study The PFS is on track for completion in late 2025 ARR is advancing one of the [...]