American Rare Earths Ltd (ARRNF) Hails Feedstock Pack With Department Of Energy

American Rare Earths Ltd (OTCQX:ARRNF) is among the rare earth stocks to buy with high upside. On March 16, American Rare Earths Ltd (OTCQX:ARRNF) announced that it has been selected to provide feedstock to a Department of Energy program. This program is focused on minerals to materials supply chain research, and it’s part of an effort to establish a domestic supply chain of critical minerals and materials.

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The company says it provided around 5 tons of ore to the program from the Cowboy State Mine test pit. According to American Rare Earths Ltd, the DoE research program uses nine national labs to “validate, improve, and help commercialize technologies developed by domestic entities.” Part of this work involves using American Rare Earths’ processing methods.

According to American Rare Earth, this arrangement benefits by having third-parties affirm its processes. Additionally, the company is able to discover more efficient processing methods through the research program.

In other news, American Rare Earths Ltd (OTCQX:ARRNF) announced on March 2 that it decided to consolidate the president and CEO roles. It said Mark Wall assumed the combined position, and that unifying the roles would sharpen decision-making and enhance strategic alignment.

American Rare Earths Ltd (OTCQX:ARRNF) is an Australian mining company focused on producing rare-earth elements and other critical minerals. The company’s flagship projects in the US are the Halleck Creek project in Wyoming. This project is aimed at reshaping the rare-earths industry by creating a domestic supply chain for the US market.

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