Rare Element Resources Ltd. is pleased to announce it has received the U.S. Nuclear Regulatory Commission operations approval under the previously issued license. This final approval, which was required for the commencement of operations at the Company's rare earth processing and separation demonstration plant in Upton, Wyoming follows the recently [...]
Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice following its approval of the operations budget and confirmation of readiness for the operations phase of the Company's rare earth processing and [...]
Rare Element Resources Ltd. is pleased to provide a progress update on its rare earth recovery and separation demonstration plant currently being constructed in Upton, Wyoming, including with respect to the progression of site preparations and arrival of the operating equipment preassembled on skids. Under the direction of general contractor [...]
Rare Element Resources Ltd. is pleased to announce the appointment of Ken Mushinski as its President and Chief Executive Officer. Mr. Mushinski, a former member of the Board of Directors for the Company , will commence his position and rejoin the Board starting on May 1, 2024. As previously announced, Mr. Brent Berg, current President and CEO, will [...]
Rare Element Resources Ltd. is pleased to report that its previously announced rights offering of common shares was oversubscribed and generated approximately US$35.8 million in gross proceeds. Because the rights offering, which expired on March 11, 2024, was oversubscribed, the shares available for issuance will be allocated proportionately among [...]
Rare Element Resources Ltd. is pleased to announce that it has completed a new mineral resource estimate based on maximizing the recovery of the key magnet materials of neodymium , praseodymium , terbium and dysprosium , as well as other critical rare earths such as lanthanum . The estimate is focused on the Bull Hill deposit at the Bear Lodge [...]
Rare Element Resources Ltd. is pleased to announce that today it has commenced the previously announced rights offering to raise up to approximately US$35.8 million in gross proceeds. The Company will issue to the holders of its common shares on December 15, 2023, the record date for the rights offering, at no charge, one and four-tenth [...]
Rare Element Resources Ltd. announces that it was invited to participate in the first annual Mine-To-Magnet Workshop held by the NDIA and sponsored by Lockheed Martin. The event will be held on January 16 and 17, 2024, in Bethesda, MD. The two-day workshop gathers stakeholders from across the supply chain as well as the U.S. government to discuss [...]
Rare Element Resources Ltd. announces that its President and Chief Executive Officer Brent Berg, has notified the Company that he will resign his position effective April 2, 2024, or earlier at the discretion of the RER Board of Directors . Mr. Berg, who has held that position since November 1, 2022, advised the Company that he will be moving to a [...]
Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has issued a Project Continuation Notice following its approval of the budget for construction of the Company's planned rare earth processing and separation demonstration plant . This approval, along with the [...]
Rare Element Resources Ltd. is pleased to announce that it intends to launch a rights offering for gross proceeds of approximately US$36 million, if all subscription rights are exercised under the rights offering. In the rights offering, each holder of the Company's common shares as of the close of business on the record date of December 15, 2023 [...]
Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has finalized its National Environmental Policy Act review of the Company's planned rare earth processing and separation demonstration plant to be built in Upton, Wyoming. This completes the federal permitting [...]
