Australian Rare Earths Specialists Signed Up For Key US Energy Project
Australian miner, American Rare Earths (ASX:ARR) has joined a US Department of Energy project partner in developing rare earths supply chain security for the US. The company’s wholly owned subsidiary Western Rare Earths Corp. has been named a Team Member of Critical Materials Institute (CMI); a U.S. Department of Energy (DOE) Energy Innovation Hub. The company’s assets have been identified as having the potential to be some of the largest rare earth deposits in the United States. The agreement means Western Rare Earths now sits alongside the world’s second-largest metals producer Rio Tinto on the highly esteemed Critical Materials Institute (CMI) Team Members list, with both companies the only rare earths miners in the select group. Other members include leading universities, national laboratories and other…