American Rare Earths Ltd (AU:ARR) has released an update.
American Rare Earths Ltd reported a successful quarter with significant advancements in their Halleck Creek project, including a 64% resource increase and breakthrough metallurgical results preconcentrating ore to 3.5% TREO. The company raised A$13.5 million for project development, and appointed Mr. Richard Hudson as Non-Executive Chairman, positioning itself to bolster the North American supply chain with critical minerals.
For further insights into AU:ARR stock, check out TipRanks’ Stock Analysis page.