Mining.com: American Rare Earths: The billion-tonne deposit set to power the US
American Rare Earths (ASX:ARR) is making waves at PDAC 2025, showcasing the Halleck Creek project — one of the largest rare earth deposits in the US.. CEO Chris Gibbs joins Mining.com.au to discuss the company’s resource expansion, its strategic importance to the US supply chain, and what lies ahead.
With a JORC resource of 2.63 billion tonnes and a $557 million net present value, this project is poised to reshape the future of American critical minerals. Plus, with backing from the EXIM Bank and the state of Wyoming, American Rare Earths is well on its way to production by 2029.
Key Highlights:
🔹 Large scale: 2.63 billion tonnes of rare earths, making it a US strategic asset.
🔹 Strong Economics: $557M NPV and full CAPEX funding interest from EXIM Bank.
🔹 Fast-track to production: Permitting within two years and operations targeted for 2029.
Watch now to get the inside scoop on how American Rare Earths is securing the future of US supply chains.
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