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