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     165  0 Kommentare American Rare Earths Announces Zircon Co-Product Potential

    Zircon has been significantly upgraded at Halleck Creek as part of low-cost REE pre-concentration

    Highlights

    • Zircon supply is currently limited but is essential in high-growth industries like ceramics, electronics and nuclear energy, which are experiencing increasing demand globally.
    • Initial and historical exploration assay results indicate the potential for significant Zircon co-product potential alongside Rare Earths (REEs) processing at ARR’s flagship Halleck Creek project.
      • Zirconium can be easily separated and upgraded, owing to its density, as part of the REEs pre-concentration steps in the Halleck Creek flowsheet; potentially providing significant economic value when produced alongside REE’s as a co-product.
      • Historical assay results for zirconium indicate an average in-situ grade is 2,077 ppm. The average crustal abundance is 300 ppm for comparison purposes.
      • Initial assay results from the gravity separation program (spiral testing) within the REEs program provided a 13.7x upgrade which equates to ~2.3%.
      • Through research collaboration with the University of Wyoming, ARR believes zircon is more prevalent at Halleck Creek than previously believed.
      • Beneficiation work currently being performed includes testing to separate and further concentrate zirconium using gravity separation and magnetic removal of paramagnetic minerals to further upgrade the material.
      • Laser ablation assay of zircon crystals show elevated levels of heavy REEs, providing additional upside.
    • Future exploration and metallurgy work is focused on several opportunities:
      • Separated zirconium concentrate as a co-product, and
      • Heavy REEs extraction from metamict zircon

    DENVER, May 29, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Ltd. (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) is pleased to announce the zircon co-product potential alongside REE processing at Halleck Creek as part of a research collaboration with the School of Energy Resources (“SER”) at the University of Wyoming.

    Donald Swartz, Chief Executive Officer of American Rare Earths, commented:

    Zircon is typically a minor product obtained from processing heavy mineral sands and has many high value applications across multiple industries. We are thrilled to announce the discovery of a potential co-product in our Halleck Creek project. This potential was only recently identified as part of our previously announced REE processing program modifications emphasizing Dense Medium Cyclones work1 led by Lawrence Livermore National Laboratory. This opportunity has the potential to generate significant additional revenue and enhanced project economics. Further details will be provided as we continue our assessment and evolve our strategy to maximize value for our shareholders.”

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    American Rare Earths Announces Zircon Co-Product Potential Zircon has been significantly upgraded at Halleck Creek as part of low-cost REE pre-concentrationHighlights Zircon supply is currently limited but is essential in high-growth industries like ceramics, electronics and nuclear energy, which are …

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