Tests at new Wyoming rare earths mining project indicate low mining, processing costs
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Friday, December 16, 2022
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PHOENIX, Dec. 16, 2022 (GLOBE NEWSWIRE) -- (OTCQB: ARRNF and ASX: ARR), American Rare Earths Ltd, reported that its Halleck Creek rare earths elements project in Albany County, Wyoming, USA, metallurgical tests have paved the way for a potentially low-cost mining and processing operation using conventional technology.
Key Points:
- PHOENIX, Dec. 16, 2022 (GLOBE NEWSWIRE) -- (OTCQB: ARRNF and ASX: ARR), American Rare Earths Ltd, reported that its Halleck Creek rare earths elements project in Albany County, Wyoming, USA, metallurgical tests have paved the way for a potentially low-cost mining and processing operation using conventional technology.
- US Government policy now supports the revival of the American rare earths industry in order to decrease dependence on Chinese supply.
- Managing Director Chris Gibbs said that one of the major costs in any processing plant is within the crushing and grinding circuit.
- The SMC test work results indicate low ore competency which would translate to low specific energy consumption in a SAG mill.