American Rare Earths Ltd (AU:ARR) has released an update.
American Rare Earths Ltd reports promising advancements in the extraction of Rare Earth Elements from their Halleck Creek Project, with two independent studies showing 80% REE recovery using low-temperature, direct acid leaching. The process benefits from the unique metamict allanite structure found in the ore, indicating potentially lower operating costs and environmental impact. This collaborative effort with the U.S. Department of Energy and Virginia Tech underscores the project’s economic potential and marks a significant step towards efficient rare earth element extraction.
For further insights into AU:ARR stock, check out TipRanks’ Stock Analysis page.
