PHOENIX--(BUSINESS WIRE)--Nov 16, 2020--
Western Rare Earths (WRE) is beginning development of Critical Minerals mining projects in Arizona and Wyoming. are just that—critical—especially for technology companies recently targeted to be cut off from their . The same is true for Green Tech industries; electric vehicles, wind turbines and fuel cells all require Critical Minerals. The most critical may be those in the Rare Earths Elements (REE) . WRE’s parent company, American Rare Earths Limited (traded on the ASX as ARR), is looking to collaborate with US investors in support of WRE’s efforts to deliver inputs for a reduced carbon future and less dependence on China. Notably, just to meet the production projections of electric vehicle manufacturers, the REE mining industry must production by 2030.
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Lincoln Ranch Road through La Paz Rare Earth Project in Western Arizona (Photo: Western Rare Earths)
WRE CEO, Marty Weems, considers it most advantageous that Joe Biden is emerging as the winner of the US Presidential election. Mr. Biden has put forth a and has signaled as recently as two weeks prior to the election which echoes his on addressing the Climate Crisis and .
Today WRE published a JORC 2012 compliant on its La Paz Rare Earth (LPRE) project in Arizona. In the report, recently-appointed Chief Technical Consultant, Mr. Jim Guilinger, a leading Critical Minerals exploration expert, has provided new insights to the LPRE project.
Highlights of today’s announcements include:
Marty Weems, CEO of Western Rare Earths, comments “We are energized to develop the La Paz Project further, along with our Wyoming project. We continue good progress with an upcoming drilling campaign and several high efficiency processing paths to explore under the guidance of world-class technical experts. There is plenty of work to do and high priority opportunities upon which we are laser focused to execute. We are honored and humbled to have the opportunity to collaborate with the prestigious Lawrence Livermore National Laboratory on their TCF funding application to the DOE.”
Focused on alleviating a supply deficit hindering the rapid growth of EVs, Renewable Energy and High-Tech Defense arenas, WRE’s Critical Minerals development work answers Government push in the US, EU, E Asia & India as well as market pull by double digit CAGR of EV motors and Wind Turbines. WRE has assembled a world class technical team and leadership to advance development of multiple mining projects and collaborate on disruptive sustainable biotech processing of Critical Minerals.
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Marty Weems +1 623.469.0000
KEYWORD: UNITED STATES NORTH AMERICA ARIZONA
INDUSTRY KEYWORD: OTHER DEFENSE WHITE HOUSE/FEDERAL GOVERNMENT ALTERNATIVE ENERGY ENERGY ALTERNATIVE VEHICLES/FUELS PROFESSIONAL SERVICES DEFENSE OTHER NATURAL RESOURCES ENVIRONMENT MINING/MINERALS PUBLIC POLICY/GOVERNMENT VENTURE CAPITAL NATURAL RESOURCES AUTOMOTIVE OTHER ENERGY
SOURCE: Western Rare Earths
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PUB: 11/16/2020 06:00 AM/DISC: 11/16/2020 06:01 AM