American Rare Earths Ltd ARR

American Rare Earths CEO Mark Wall joined Steve Darling from Proactive to discuss an updated Scoping Study for the Cowboy State Mine (CSM), outlining a larger development concept for Halleck Creek and the company’s plans to advance a potential domestic source of rare earth materials in the United States. The updated study evaluates a 4.5-million-tonne-per-year operation with a projected mine life of 26 years. The development case generates an estimated after-tax net present value of approximately US$1.07 billion, based on an 8% real discount rate, with initial capital estimated at approximatel

HIGHLIGHTS Positive study outcome: Updated Scoping Study estimates after tax NPV of approximately US$1.07 billion at an 8% real discount rate for Cowboy State Mine, the first phase of Halleck Creek in Wyoming Greater production scale: Planned throughput increases 50% to 4.5 million tonnes per annum, with average annual neodymium and praseodymium (NdPr) oxide production of approximately 2,500 tonnes, up 36% from the 2025 base case Longer operating platform: A 26 year mine plan, compared with 20 y

American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF) has outlined a larger development case for its Cowboy State Mine in Wyoming, with an updated Scoping Study estimating an after-tax net present value (NPV) of about US$1.07 billion and a 26-year operating life. The study assesses a 4.5 million...

American Rare Earths Chief Development Officer Andrew Conover joined Steve Darling from Proactive to discuss the company’s first certified assay results from the initial six HQ core holes completed as part of its 2026 Feasibility Study drilling program at the Cowboy State Mine within the Red Mountain Project in Wyoming. Conover said the results continue to validate the strength and continuity of the rare earth mineralization at Red Mountain, with broad zones of near-surface mineralization confirmed across the first six holes. The assays returned a pooled average grade of 3,497 parts per millio

Certified, QA/QC-verified assay results from the first six HQ core holes of the 2026 Feasibility Study drilling program confirm broad, near-surface rare earth mineralization at the Cowboy State Mine, Red Mountain, with a pooled average grade of 3,497 ppm TREO (median 3,879 ppm) and a maximum single-sample assay of 9,084 ppm TREO over a 3.02 m interval in HC26-RM051. Approximately 93% of certified sampled intervals exceed the Company’s 1,000 ppm TREO Cowboy State Mine resource cut-off grade. HIGH