American Rare Earths (ASX: $ARR) announcement overview

American Rare Earths (ASX: $ARR) has announced the discovery of significant zircon co-product potential alongside Rare Earth Elements (REEs) processing at its flagship Halleck Creek project. The zircon, which has been significantly upgraded at Halleck Creek as part of low-cost REE pre-concentration, presents the potential for substantial economic value when produced alongside REEs as a co-product.

Executive commentary on zircon co-product potential

Donald Swartz, Chief Executive Officer of American Rare Earths, expressed excitement about the discovery, stating, 'Zircon is typically a minor product obtained from processing heavy mineral sands and has many high value applications across multiple industries. We are thrilled to announce the discovery of a potential co-product in our Halleck Creek project. This potential was only recently identified as part of our previously announced REE processing program modifications emphasizing Dense Medium Cyclones work led by Lawrence Livermore National Laboratory. This opportunity has the potential to generate significant additional revenue and enhanced project economics.'

Summary of zircon co-product potential announcement

American Rare Earths (ASX: $ARR) has unveiled the significant zircon co-product potential at its Halleck Creek project, indicating the possibility of substantial economic value when produced alongside REEs. The company's collaboration with the University of Wyoming has led to the identification of zircon's prevalence at Halleck Creek, with initial and historical exploration assay results pointing to the potential for significant zircon co-product alongside REEs processing. The ongoing research and beneficiation work, including testing to separate and further concentrate zircon, aim to maximize the value for the company's shareholders. Furthermore, the discovery of elevated levels of heavy REEs in zircon crystals provides additional upside, positioning American Rare Earths for potential growth and enhanced project economics.