Australia's American Rare Earths gains on rare earth element find
14/09/2023 03:35
** Shares of American Rare Earths ARR.AX up 12.5% at
A$0.135, set for best day since June 20, if gains hold
** Mineral explorer says it identified rare earth element
(REE) with high-grade total rare earth oxide (TREO) at its
Beaver Creek Rare Earths Project in Wyoming, U.S.
** Adds, also identified rare-earth elements neodymium and
praseodymium
** Stock down ~37% YTD, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
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