Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Metallurgical Milestone Achieved at Halleck Creek

In This Article:

American Rare Earths
American Rare Earths

10X Rare Earth Upgrade Successfully Demonstrated at Production Scale Using Conventional Low-Cost Methods.

Key Highlights

  • Metallurgical test work confirms Halleck Creek ore can be upgraded by 10:1, validating a simple and effective early-stage beneficiation process.

  • 93.5% of non-rare earth material can be removed early in processing, meaning only 6.5% of mined ore requires further refining, significantly reducing processing costs.

  • This metallurgical milestone confirms the 10x upgrade assumption in the Scoping Study1, supporting the PFS flowsheet and further de-risking the project

  • Optimization work is ongoing to enhance recoveries, streamline processing, and lower costs, supporting the upcoming Pre-Feasibility Study (PFS).

DENVER, Feb. 20, 2025 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce the successful completion of large-scale metallurgical test work at its Halleck Creek Rare Earths Project in Wyoming, USA.

Recent testing, conducted in collaboration with Mineral Technologies, confirms that Halleck Creek ore can be efficiently upgraded at scale using conventional, low-cost methods, reinforcing the strong fundamentals of the project.

Test work successfully upgraded mineralized feedstock from 3,438 ppm (0.34%) TREO to approximately 37,200 ppm (3.72%) TREO—a 10:1 increase in rare earth concentration. This means that for every tonne of ore mined, only 6.5% requires further refining, reducing processing volumes and potentially lowering operating costs.

This work was performed on a 1.9-tonne sample of crushed core material, using MG12 Spirals and Induced Roll Magnetic Separation (IRMS) technology—both commercially proven processing methods.

American Rare Earths CEO, Chris Gibbs, commented:

“These results confirm exactly what we anticipated—Halleck Creek ore can be efficiently upgraded using simple, low-cost conventional processing methods. Successfully demonstrating this at production scale is a major milestone, further de-risking the project as we advance toward development.”

“This large-scale test work validates the 10x upgrade assumption in our Scoping Study1 and provides further confidence in the project’s potential. With these results in hand, we will issue an Updated Scoping Study shortly, incorporating the JORC Resource increase announced earlier this month.”

“Looking ahead, we are advancing metallurgical test work to optimize processing efficiency and conducting hydrometallurgical testing to refine our flowsheet. This work remains on track to support the development of our Pre-Feasibility Study.”