Independent Studies Further Validate the American Rare Earths’ (ARR) Halleck Creek Project
Highlights
Two independent, peer reviewed, technical studies were recently published that further illustrate the economic potential of Halleck Creek:
DENVER, May 06, 2024 (GLOBE NEWSWIRE) — American Rare Earths (ASX:ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce results from a metallurgical study on leaching extraction of REE from Halleck Creek ore by low temperature, direct acid leaching. The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (“EERE”) awarded a three-year (2022-2025) research contract to Phinix, LLC with American Rare Earth and Virginia Tech as team members. This metallurgical study was carried out by researchers at the Department of Mining and Minerals Engineering at Virginia Tech. These positive results further confirm the findings of the metallurgical testwork carried out by Wood PLC1 which were previously announced by ARR.
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