Rare Earths materials are necessary for 5G hardware, electric vehicle (EV) motors, offshore wind turbines, solid oxide fuel cells and so much more of the reduced carbon, new energy future in addition to mission critical defense tech applications. North American Rare Earths mining projects have been historically hampered by radioactive thorium, high processing costs & complexity, along with depressed commodity prices.
Prices are up and rising on projections for EVs and other growing market demands. Western Rare Earths (WRE) is developing two ultra-low penalty element containing Rare Earths projects that could well complement collaborating with Critical Materials Institute partners on emerging processing technologies.
Western Rare Earths (WRE), the wholly-owned subsidiary of Australian traded American Rare Earths Limited (ASX:ARR), is developing the advanced La Paz Rare Earths Project in Arizona and the Laramie Rare Earths Project in Wyoming. WRE is developing environmentally responsible mining projects by leveraging world-class technical teams and experienced, diverse leadership. We are collaborating with leading universities, national laboratories and private industry on a variety of research to develop disruptive processing systems for Critical Minerals.
After of a brief overview of the unique nature of the hard rock deposits of Western Rare Earths’ projects including a discussion of common challenges of REE mining project development, there will be a discussion of our perspective on both proven and emerging processing options for Rare Earths.