Rare Element Resources Ltd. is pleased to announce that it has commenced the previously announced rights offering to raise up to approximately US$30.9 million in gross proceeds. The Company has issued, at no charge to the holders of its common shares on January 30, 2026, the record date for the rights offering, twenty-five hundredths of a non-transferable subscription right for each common share owned by each shareholder [...]
Rare Element Resources Ltd. is pleased to announce that it intends to launch a rights offering for gross proceeds of approximately US$30.9 million if all subscription rights are exercised under the rights offering. In the rights offering, each holder of the Company's common shares, as of the close of business on the record date of January 30, 2026 , will be issued, at no charge, twenty-five hundredths of a [...]
Rare Element Resources Ltd. is pleased to provide an update on the progress of the Company's rare earth processing and separation demonstration plant in Upton, Wyoming . Building on the Company's July update, design reviews have been completed, with system improvements and modifications being incorporated into appropriate design documentation. The Company remains on track for Plant commissioning to begin by the end of [...]
Rare Element Resources Ltd. is pleased to provide an update on the development progression of the Company's rare earth processing and separation demonstration plant in Upton, Wyoming . As noted in our April 2025 announcement, the trajectory toward commencement of operations was halted for a thorough review of the as-built Demonstration Plant to review all materials of construction, piping and electrical design, and other [...]
Rare Element Resources Ltd. announces an updated timeline for the commencement of operations of the Company's rare earth processing and separation demonstration plant in Upton, Wyoming . The data gathered from the operation of the Demonstration Plant, which was designed and constructed by a General Atomics-led consortium of companies, will be material in advancing the design and economics of a commercial plant utilizing [...]
Rare Element Resources Ltd. is pleased to confirm it has received a non-binding Letter of Interest from the Export-Import Bank of the United States to provide a portion of debt financing of up to $553 million for the Bear Lodge Project development's total capital expansion . The funds would support the permitting, engineering design, and construction of the Bear Lodge Critical Rare Earth Project as the Company advances [...]
Rare Element Resources Ltd. is pleased to provide this progress update on the Company's rare earth processing and separation demonstration plant in Upton, Wyoming . The Demonstration Plant, which has been designed and constructed to advance the Company's proprietary processing and separation technology, has progressed through the equipment shakedown process and is in the final stages of commissioning. The initial phase of [...]
Rare Element Resources Ltd. is pleased to announce it has received the U.S. Nuclear Regulatory Commission operations approval under the previously issued license. This final approval, which was required for the commencement of operations at the Company's rare earth processing and separation demonstration plant in Upton, Wyoming follows the recently announced U.S. Department of Energy's operations budget acceptance and [...]
Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice following its approval of the operations budget and confirmation of readiness for the operations phase of the Company's rare earth processing and separation demonstration plant . This notice allows operations to formally [...]
Rare Element Resources Ltd. is pleased to provide a progress update on its rare earth recovery and separation demonstration plant currently being constructed in Upton, Wyoming, including with respect to the progression of site preparations and arrival of the operating equipment preassembled on skids. Under the direction of general contractor, Loenbro, out of Gillette, Wyoming, the brownfield site upgrades have either been [...]
Rare Element Resources Ltd. is pleased to announce the appointment of Ken Mushinski as its President and Chief Executive Officer. Mr. Mushinski, a former member of the Board of Directors for the Company , will commence his position and rejoin the Board starting on May 1, 2024. As previously announced, Mr. Brent Berg, current President and CEO, will be leaving the Company. His last day will be March 20, 2024. Ms. Kelli [...]
Rare Element Resources Ltd. is pleased to report that its previously announced rights offering of common shares was oversubscribed and generated approximately US$35.8 million in gross proceeds. Because the rights offering, which expired on March 11, 2024, was oversubscribed, the shares available for issuance will be allocated proportionately among shareholders who exercised their oversubscription privileges based on the [...]
+20,95 %
-33,00 %