Rare Element Resources Ltd. Advances Bear Lodge Rare Earth Project in Wyoming

Reuters01-07
<a href="https://laohu8.com/S/REEMF">Rare Element Resources Ltd.</a> Advances Bear Lodge Rare Earth Project in Wyoming

Rare Element Resources Ltd. has announced progress on its rare earth processing and separation demonstration plant in Upton, Wyoming. The plant, which will utilize the company's proprietary technology, is on track to begin commissioning by the end of 2025, with full operations expected to ramp up in the first quarter of 2026. The facility is planned to produce up to 10 tons of separated neodymium/praseodymium oxide, key materials for high-strength permanent magnets and advanced technologies. The company also revealed plans to restart permitting for the Bear Lodge Critical Rare Earth Project, aiming to provide a secure domestic source of rare earth elements as demand grows and geopolitical pressures increase. Data from the demonstration plant will inform the design and economics of a future commercial-scale facility.

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