American Rare Earths says scoping study confirms potential of Wyoming project

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American Rare Earths says scoping study confirms potential of Wyoming project
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the results of a scoping study for its Halleck Creek project in Wyoming, United States, which confirms its potential to become a world-class rare earth element project.

The report, compiled by independent firm Stantec Consulting Services, highlights a three million tonnes per annum operating scenario. The payback period is estimated at 2.9 years, with total initial capital expenditures of $456.1 million, including a $76 million contingency. Wyoming has become one of the go-to places to explore for these materials fun hopes it could become America’s answer toOn top of the scoping study for Halleck Creek released today, the company will also need to acquire the necessary licences to explore on Wyoming state mineral leases in order to collect rocks for bulk material testing and pilot-scale metallurgical test-work.

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