Allanite

Independent Studies Further Validate the American Rare Earths’ (ARR) Halleck Creek Project

Retrieved on: 
월요일, 5월 6, 2024
Tetra, EERE, Society, Rare-earth element, Uranium, ARR, Allanite, Kinetics, Energy efficiency, ASX, Mineral, Renewable energy, Research, Primary energy, Concentrate, Silica gel, Tetra Tech, Optimism, Competent person, Virginia Tech, Temperature, Wood, Acid, Liu, REE, Thorium, Engineering

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.

Key Points: 
  • Fast leaching kinetics are attributable to Halleck Creek metamict allanite structure, with 65% of REEs extracted in the first 10 minutes of leaching.
  • Halleck Creek ore is less refractory than monazite or bastnaesite, which cannot be leached using low-temperature acid tank leaching.
  • Green and Smart Mining Engineering - (Xiao and Zhang, 2024)
    High-grade rare-earth enriched Halleck Creek ore highlights its economic potential.
  • Donald Swartz, Chief Executive Officer of American Rare Earths commented:
    “We’re extremely pleased with the leaching results which further validate the recent scoping study assumptions and our optimism around the project.

American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project

Retrieved on: 
월요일, 3월 18, 2024
Tetra, Silica gel, Temperature, Mining, Target, ARR, Mineral Resources Limited, Newmont, Filtration, ESG, ASARCO, Thorium, Economic development, ASX, Public expenditure, Environmental quality, Measurement, Molycorp, Stantec, UP, Base case, Society, Competent person, REE, Mineral, Tetra Tech, Engineering, BNSF, IRR, Chemical engineering, NPV, Resource, Allanite, Cowboy, Goldcorp, Metamictisation, Work, Rare-earth element

We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.

Key Points: 
  • We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.
  • The inferred Mineral Resource is not the determining factor in determining the viability of the Halleck Creek Rare Earths project.
  • American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits.
  • The Company’s flagship project at Halleck Creek, WY, has the potential to become the largest and most sustainable rare earth projects in North America.