Australia's American Rare Earths rises on U.S. project viability

American Rare Earths

15/12/2022 24:42

** Shares of American Rare Earths Ltd  ARR.AX  rise as much
as 5.1% to A$0.205 - set to mark best day since Dec 5, if gains
hold
    ** Rare earths explorer says metallurgical tests at Halleck
Creek rare earths project in the United States indicate low
mining, processing costs
    ** Says the tests show viable pathway to mine rare earths at
the project using its conventional technology
    ** Stock up 18.2% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))