Rare Element Resources

News Coverage

Please check out the first 10 minutes of the video below on why mining in America is so important.

2/19/24 - Innovative News Network, Company Profile

Press Releases

Oct 31, 2024

Rare Element Resources Receives Final Approval Required to Commence Operations of Rare Earth Demonstration Plant in Wyoming
Sep 26, 2024

Rare Element Resources Receives DOE Operations Approval and Additional Funding Commitment for Rare Earth Demonstration Plant in Wyoming
Jul 01, 2024

Rare Element Resources Provides Construction Progress Update on Rare Earth Demonstration Plant in Wyoming

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Rare Element Resources
Fact Sheet

Rare Element Resources
Technology Fact Sheet

Site Visit by Governor Gordon – 5/9/24

Rare Element Resources (RER) was pleased to host Governor Gordon (R-WY) at our rare earth processing and separation demonstration plant project in Upton, Wyo. The Governor and several of his staff members, as well as community leaders, saw the construction progress and learned more about the Company's innovative rare earth recovery technology. Photo: (Starting on right) Governor Gordon, Ken Mushinski (Pres/CEO of RER), Dante Leal (LNV, engineering firm).

For additional pictures of the event, please click here.

Most Recent Presentation

Annual General Meeting and Community Update

Ken Mushinski, President and CEO
August 20, 2024

Annual Report and Form 10-K for year ended December 31, 2023

Notice of Annual Meeting of Shareholders
and Management Information
and Proxy Circular

Technical Report Summary on Bear Lodge REE Project

Updated Mineral Resource for Bear Lodge Focused on Key Magnet Materials

Annual Meeting of Shareholders and Community Update

(8/27/24)

Event photo On August 20th, the Company had the pleasure of updating residents of Upton, WY, and the surrounding communities, as well as our shareholders, on the progress we have made on the construction of our rare earth recovery and separation demonstration plant.

Please click here to see more on the event

Demo Plant Construction Update (7/25/24)

equipment check

Equipment Skid Testing and Integration Underway

The majority of the facility work has been completed, and the focus has now shifted to the pre-assembled skid installation, integration, and testing. Upon arrival, the skids are tested and then plumbed and wired to each other to ensure a seamless process flow.
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World-Class Technology Partner

In 2017, an affiliate of General Atomics, one of the largest, most advanced technology companies in the world, took an equity position in Rare Element Resources. Since that time, they have brought the full force of their technology development team enhance the Company's recovery/separation technology.
To learn more about General Atomics Click Here

Bear Lodge Project

The Bear Lodge Project area is a significant mineralized district that contains one of the largest disseminated rare earth deposits in North America. This deposit contains many of the less common, more valuable rare earths that are essential for the magnet materials used in electronics, fiber optics, laser systems for health and defense, and many evolving green technologies, such as hybrid cars, solar panels and wind turbines. Rare Element Resources owns 100% of the Project.

During the last few years, the Company, along General Atomics, whose affiliate is RER's majority shareholder, have been advancing their proprietary extraction/separation technology and have successfully produced commercial-grade neodymium/praseodymium (Nd/Pr) oxide in pilot-plant testing. These materials are key components to the fast-growing, permanent magnet sector. The next step will be operations of a demonstration plant, which is currently under construction in Upton, WY. Results generated from operating this plant will be used for the design and economic evaluation of a commercial rare earth processing facility.

Project Highlights

Proprietary Rare Earth Extraction/Separation Technology – Successfully advanced the Company’s technology and produced neodymium/praseodymium (Nd/Pr) oxide in pilot-plant testing. Construction of a demonstration plant is currently underway to prove the scalability of the process and define the requirements for a commercial plant.
World-Class Technology Partner and Majority Shareholder – General Atomics, through its affiliate, is the majority shareholder in Rare Element Resources, is a technology leader with a proven track record of bringing new ideas to market. Their understanding of the strategic role rare earths play in numerous advancing technologies makes them keenly aware of the need for a secure, domestic supply of rare earths. Their relationship within the U.S. Government have been essential to our ability to advance our technology.
Bear Lodge Project – Well-defined resource with excellent concentrations of the rare earth elements essential to high-strength, permanent magnets and the many industries that depend on them. Two of those industries, electric vehicles and wind turbines, are expected to drive a doubling of demand for magnet materials in the next 10 years.

Strategic Location – Located in northeast Wyoming, the Bear Lodge Project has easy access to a major interstate, transcontinental rail, natural gas and low-power. The area has existing infrastructure with a ready and skilled workforce. The State of Wyoming has a rich history of mineral development and a pro-business focus, and its leaders are actively committed to economic diversification.
Strong Federal and State Support – Both the Department of Energy (DOE) and the Wyoming Energy Authority (WEA) have shown their support for the Project through funding of over $26M for the demonstration plant. The DOE continues to pursue ways to secure sources for material that will be key to industrial needs, especially those that support the country’s initiative of reducing carbon emissions, like electric vehicles and wind turbines. The WEA is supporting the State’s desire to diversify employment and understands that Wyoming can play a key role in developing a domestic supply chain – from minerals to magnets.

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