What are ‘Rare Earths’?
The key elements used in a range of emerging green technologies, including electric vehicles and wind turbines.
With a globally significant exploration target of over two billion tonnes of mineralised rare earth rocks, our 100% owned Halleck Creek project has the potential to be among the largest rare earths deposits in the US.
Confirmed presence of substantial Total Rare Earth Oxide (TREO) grades ranging from 5.8% to 13.9%. Additionally, assays for valuable magnetic rare earths, specifically neodymium and praseodymium, were found to be within the range of 1% to 2.2%. These results underscore the significant potential of the Beaver Creek project and the valuable rare earth elements it contains.
Our 100% owned La Paz is a bulk tonnage project with a 170MT JORC Resource estimate already in place and an exploration program that could lift its Resource to over one billion tonnes of mineralised rare earth rocks.
Why is the US racing to onshore their supply and how is American Rare Earths supporting those efforts?
If you’ve ever read about rare earths elements (REE) before you probably already know that they’re not actually very rare – they’re in plants, oceans, soil and there could even be some inside our bodies. What is rare, are concentrations of REE large enough to economically mine and extract.
REEs are used in a shopping list of household items such as flat screen TVs, self-cleaning ovens, laptops and smartphones. They amplify signals in fibre optic cables. They’re also used in medical equipment such as pacemakers and advanced imaging machinery. In the defence sector permanent magnets are required for jet fighter engines, missile systems, satellites and communications systems.
American Rare Earths is collaborating with the following top-tier R&D programs developing new REEs refining technologies that are both reliable and environmentally sustainable.