The National Mining Association (NMA) compiled a report on AMERICA EXPOSED: MINERAL IMPORT DEPENDENCE IS THE U.S. ACHILLES’ HEEL. The U.S. isn’t moving fast enough to secure our supply chains. China is the main supplier of minerals essential to our economic and national security. We could be producing far more at home.
American Rare Earths was included as part of the reference to critical mineral resources Right in Our Backyard. American Rare Earths is developing a project at Halleck Creek, Wyoming, that could potentially support U.S. consumption of rare earths for 100+ years. With exploration revealing the potential to be among the largest rare earths deposits in the U.S., the only large-scale rare earths project in the U.S. with a clear path to production, the Company is positioned to secure a domestic, tariff-free supply of critical minerals for the U.S.
The resource includes neodymium and praseodymium, used for national defense in aircraft engines and in advanced technologies, everything from magnets to electronic devices and lasers, semiconductors and computer hard drives.
With plans for onsite mineral processing and separation facilities, Halleck Creek is strategically positioned to reduce U.S. reliance on imports—predominantly from China—while meeting the growing demand for rare earth elements essential to defense, advanced technologies and economic security.
ARR appreciates being recognized together with Rio Tinto and Perpetua as one of the select companies referenced by NMA in this report.
