Latest news with #AmericanRareEarths
Yahoo
5 days ago
- Business
- Yahoo
American Rare Earths Leads ASX Penny Stocks To Consider
As the Australian market experiences a gradual decline, influenced by profit-taking and external geopolitical tensions, investors are seeking opportunities beyond traditional large-cap stocks. Penny stocks, though an older term, continue to attract attention for their potential to offer surprising value and growth at lower price points. By focusing on companies with strong balance sheets and solid fundamentals, investors may uncover hidden gems that provide upside without many of the risks typically associated with this segment of the market. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.50 A$70.76M ★★★★★★ GTN (ASX:GTN) A$0.65 A$124.05M ★★★★★★ IVE Group (ASX:IGL) A$2.57 A$396.25M ★★★★★☆ Southern Cross Electrical Engineering (ASX:SXE) A$1.67 A$441.56M ★★★★★★ Tasmea (ASX:TEA) A$3.08 A$725.72M ★★★★★☆ Regal Partners (ASX:RPL) A$2.25 A$756.37M ★★★★★★ Accent Group (ASX:AX1) A$1.845 A$1.11B ★★★★☆☆ Lindsay Australia (ASX:LAU) A$0.71 A$225.19M ★★★★☆☆ Bisalloy Steel Group (ASX:BIS) A$3.37 A$159.91M ★★★★★★ CTI Logistics (ASX:CLX) A$1.815 A$146.19M ★★★★☆☆ Click here to see the full list of 1,001 stocks from our ASX Penny Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: American Rare Earths Limited focuses on the exploration and development of mineral resources in Australia and the United States, with a market cap of A$139.54 million. Operations: American Rare Earths Limited currently does not report any revenue segments. Market Cap: A$139.54M American Rare Earths Limited, with a market cap of A$139.54 million, is pre-revenue and debt-free, focusing on the exploration of mineral resources in Australia and the U.S. Recent developments include significant progress at their Cowboy State Mine in Wyoming, where groundwater monitoring wells have been installed as part of environmental permitting efforts. The company also reported promising assay results from its Halleck Creek project, highlighting elevated rare earth mineralization. Leadership changes have strengthened its executive team with seasoned professionals to advance its U.S.-based strategy for developing a secure critical minerals supply chain. Click here to discover the nuances of American Rare Earths with our detailed analytical financial health report. Learn about American Rare Earths' historical performance here. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Horizon Gold Limited is involved in the exploration, evaluation, development, and production of gold deposits in Australia with a market cap of A$86.90 million. Operations: The company's revenue segment consists of A$0.08 million from exploration activities in Australia. Market Cap: A$86.9M Horizon Gold Limited, with a market cap of A$86.90 million, is pre-revenue and debt-free, focusing on gold exploration in Australia. The company recently reported a small net income for the half-year ended December 31, 2024, marking an improvement from the previous year's loss. Its management team is experienced with an average tenure of 4.5 years and has seen leadership changes to bolster corporate development efforts as it progresses through the Gum Creek Feasibility Study. While its short-term assets cover liabilities, long-term liabilities remain uncovered by current assets. Shareholder dilution has been minimal over the past year. Unlock comprehensive insights into our analysis of Horizon Gold stock in this financial health report. Gain insights into Horizon Gold's past trends and performance with our report on the company's historical track record. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Ltd is an online retailer based in Australia with a market capitalization of A$401.23 million. Operations: The company's revenue is derived from its operations in Australia, with A$309.36 million from Kogan Parent and A$9.96 million from Mighty Ape, as well as in New Zealand, where it generates A$40.02 million from Kogan Parent and A$124.88 million from Mighty Ape. Market Cap: A$401.23M with a market cap of A$401.23 million, is debt-free and has extended its buyback plan duration until May 2026. Despite stable weekly volatility over the past year, Kogan faces challenges with negative earnings growth of -73.9% last year and declining profit margins from 1.4% to 0.4%. Its dividend yield of 3.47% isn't well covered by earnings, yet the company trades at a substantial discount to estimated fair value. The seasoned management team averages a tenure of 14.6 years, while short-term assets comfortably cover both short- and long-term liabilities without shareholder dilution in the past year. Click here and access our complete financial health analysis report to understand the dynamics of Learn about future growth trajectory here. Unlock more gems! Our ASX Penny Stocks screener has unearthed 998 more companies for you to here to unveil our expertly curated list of 1,001 ASX Penny Stocks. Want To Explore Some Alternatives? These 18 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:ARR ASX:HRN and ASX:KGN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
American Rare Earths Leads ASX Penny Stocks To Consider
As the Australian market experiences a gradual decline, influenced by profit-taking and external geopolitical tensions, investors are seeking opportunities beyond traditional large-cap stocks. Penny stocks, though an older term, continue to attract attention for their potential to offer surprising value and growth at lower price points. By focusing on companies with strong balance sheets and solid fundamentals, investors may uncover hidden gems that provide upside without many of the risks typically associated with this segment of the market. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.50 A$70.76M ★★★★★★ GTN (ASX:GTN) A$0.65 A$124.05M ★★★★★★ IVE Group (ASX:IGL) A$2.57 A$396.25M ★★★★★☆ Southern Cross Electrical Engineering (ASX:SXE) A$1.67 A$441.56M ★★★★★★ Tasmea (ASX:TEA) A$3.08 A$725.72M ★★★★★☆ Regal Partners (ASX:RPL) A$2.25 A$756.37M ★★★★★★ Accent Group (ASX:AX1) A$1.845 A$1.11B ★★★★☆☆ Lindsay Australia (ASX:LAU) A$0.71 A$225.19M ★★★★☆☆ Bisalloy Steel Group (ASX:BIS) A$3.37 A$159.91M ★★★★★★ CTI Logistics (ASX:CLX) A$1.815 A$146.19M ★★★★☆☆ Click here to see the full list of 1,001 stocks from our ASX Penny Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Financial Health Rating: ★★★★★★ Overview: American Rare Earths Limited focuses on the exploration and development of mineral resources in Australia and the United States, with a market cap of A$139.54 million. Operations: American Rare Earths Limited currently does not report any revenue segments. Market Cap: A$139.54M American Rare Earths Limited, with a market cap of A$139.54 million, is pre-revenue and debt-free, focusing on the exploration of mineral resources in Australia and the U.S. Recent developments include significant progress at their Cowboy State Mine in Wyoming, where groundwater monitoring wells have been installed as part of environmental permitting efforts. The company also reported promising assay results from its Halleck Creek project, highlighting elevated rare earth mineralization. Leadership changes have strengthened its executive team with seasoned professionals to advance its U.S.-based strategy for developing a secure critical minerals supply chain. Click here to discover the nuances of American Rare Earths with our detailed analytical financial health report. Learn about American Rare Earths' historical performance here. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Horizon Gold Limited is involved in the exploration, evaluation, development, and production of gold deposits in Australia with a market cap of A$86.90 million. Operations: The company's revenue segment consists of A$0.08 million from exploration activities in Australia. Market Cap: A$86.9M Horizon Gold Limited, with a market cap of A$86.90 million, is pre-revenue and debt-free, focusing on gold exploration in Australia. The company recently reported a small net income for the half-year ended December 31, 2024, marking an improvement from the previous year's loss. Its management team is experienced with an average tenure of 4.5 years and has seen leadership changes to bolster corporate development efforts as it progresses through the Gum Creek Feasibility Study. While its short-term assets cover liabilities, long-term liabilities remain uncovered by current assets. Shareholder dilution has been minimal over the past year. Unlock comprehensive insights into our analysis of Horizon Gold stock in this financial health report. Gain insights into Horizon Gold's past trends and performance with our report on the company's historical track record. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Ltd is an online retailer based in Australia with a market capitalization of A$401.23 million. Operations: The company's revenue is derived from its operations in Australia, with A$309.36 million from Kogan Parent and A$9.96 million from Mighty Ape, as well as in New Zealand, where it generates A$40.02 million from Kogan Parent and A$124.88 million from Mighty Ape. Market Cap: A$401.23M with a market cap of A$401.23 million, is debt-free and has extended its buyback plan duration until May 2026. Despite stable weekly volatility over the past year, Kogan faces challenges with negative earnings growth of -73.9% last year and declining profit margins from 1.4% to 0.4%. Its dividend yield of 3.47% isn't well covered by earnings, yet the company trades at a substantial discount to estimated fair value. The seasoned management team averages a tenure of 14.6 years, while short-term assets comfortably cover both short- and long-term liabilities without shareholder dilution in the past year. Click here and access our complete financial health analysis report to understand the dynamics of Learn about future growth trajectory here. Unlock more gems! Our ASX Penny Stocks screener has unearthed 998 more companies for you to here to unveil our expertly curated list of 1,001 ASX Penny Stocks. Want To Explore Some Alternatives? These 18 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:ARR ASX:HRN and ASX:KGN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
RTÉ News
26-04-2025
- Business
- RTÉ News
China has a monopoly on rare earths processing and its using it to fight the trade war
A new front just opened in the US-China trade war, and it wasn't good news for countries who do business with both. China reportedly instructed South Korean companies to stop exporting defence-related products to the United States if they contained rare earth products from China. Those are the natural metals - 17 elements on the periodic table to be precise - that go into everything from smartphones to satellites, deemed critical for renewable energy sources like solar panels and wind turbines as well as advanced weapons systems, robotics and rockets. And China produces most of the world's supply of them. According to Korean press reports, China warned that it may halt exports of rare earths to South Korea altogether, if the ban was ignored. "It's shocking," said Julie Michelle Klinger, professor of geography at the University of Delaware and author of Rare Earth Frontiers. "Under a liberal free trade regime, what right does one country have to tell another what it does with its business and trade transactions?" she said, adding "I think it's pretty clear that that's not the world that we live in anymore." Indeed, in retaliation for US President Donald Trump's 145% tariffs on Chinese goods, China was quick to play its ace card: ordering the restriction, through a licensing system, on exports of seven heavy rare earths and the high-performance magnets that contain them. It was a clear sign, observers said, that Beijing was willing to weaponise its dominance of the sector. "China made that list strategically," Mel Sanderson, director of American Rare Earths told Reuters news agency. "They picked the things that are crucial for the U.S. economy". This week Tesla CEO and close presidential advisor Elon Musk, who maintains deep business interests in China, acknowledged it was causing problems. He told Tesla investors on Tuesday that a magnet shortage could hold up the production of his AI-powered humanoid robots, designed to carry out mundane tasks like housework, serving drinks and assembly line production. And he's not the only one worried. Because while these magnets are handy to operate the arms of a tea-carrying bot, they are also to be found in the engines of fighter jets. Handwringing over global dependency on China for critical minerals has been going on in Washington - and indeed Brussels - for many years. Soon after Russia's full-scale invasion of Ukraine, the deputy prime minister of Sweden, Ebba Bush, said Europe's dependency on Russian gas would "seem like a nice summer breeze," compared with reliance on China for the green energy transition. Critical mineral dependency quickly rose to the top of the Trump administration's agenda with the White House pushing for a deal with Ukraine for premium access to theirs and threatening to annex resource-rich Greenland for the same reason. But one detail that is often left out of the telling is China's near total monopoly on processing. In other words, countries can extract these resources from their own soil - say in Ukraine or Greenland - but they would still need to send them to China for separation and refining. Developing mining and processing capabilities requires "a long-term effort," meaning the United States will "be on the back foot for the foreseeable future," concluded a recent report by the Centre for Strategic and International Studies in Washington DC. Policymakers should have seen this coming, analysts said. "I hate to be the person who says this," said Ms Klinger, "but I remember saying over a decade ago, if we should have a rare supply chain crisis, it would be entirely avoidable". So how did the world get to this point? Why did the US - once the king of mining and refining - give its industry away? The answer is very simple, according to Ian Lange, associate professor of mineral economics at the Colorado School of Mines: it wasn't that profitable. "I would have said, it was a conscious decision to get rid of a low-value industry," he told RTÉ News. It's also heavily polluting. According to a study published by the Harvard International Review in 2021, for every ton of rare earth produced, the mining process "yields 13kg of dust, 9,600-12,000 cubic meters of waste gas, 75 cubic meters of wastewater, and one ton of radioactive residue". For many years, it made sense for the US, Europe and others to outsource to China, which ultimately, through state subsidies, weaker labour and environmental regulations, R&D investment as well as sheer industrial scale could - as in other manufacturing sectors - simply do it cheaper. The strategic vulnerability of this arrangement was first laid bare in 2010 when China cut exports to Japan over a territorial dispute involving a fishing trawler. China reversed the ban when the World Trade Organization ruled against it. But the shock reverberated around the world. It drew comparisons with the energy crisis of 1973 when Arab oil-producing nations in the Middle East cut off exports to the US and other countries in retaliation for their support of Israel during the Yom Kippur War. By the time the embargo was lifted, global oil prices had soared more than 300%. The power of energy-rich nations to exert leverage over energy-hungry ones was not lost on the former Chinese leader, Deng Xiaoping. "While the Middle East has oil," he famously declared on a visit to one of China's biggest mineral mines, "China has rare earths." But there's a crucial difference, according to Ian Lange. Oil deposits are concentrated in a few key regions. But "rare earths" is a misnomer, because they are really not that rare. "Everyone has good dirt," he said. The question is whether countries like the United States are serious about cultivating their homegrown industries - and their accompanying environmental costs - and crucially, if they can become profitable in a market dominated by cheaper alternatives from China. In the fifteen years when rare earths made the news over the Japan crisis, he said, the industry is not that much further along. "It's an economic issue," he said, "you're competing against a subsidised monopolist who doesn't care about profits". That's why China's export restrictions on rare earths in retaliation for Trump's tariffs "is a gift to western industry," Ms Klinger told RTÉ News. Entities outside of China have been trying to build up their rare earth supply chains for years, she said. "They just haven't been able to compete with China". Nevertheless, some diversification has taken place. Last year, the Australian mining company Lynas opened its first rare earth processing plant in Western Australia. In the United States, California's Mountain Pass mine in California's Mojave Desert, shuttered in the 1990s after toxic waste spills, reopened in 2018. The mine is now operated by MP Materials, which is also building a magnet-making facility in Fort Worth, Texas. And in Europe, there's are facilities in Estonia and Sweden, while Belgium chemical company Solvay just launched a rare earth magnet production line at its plant near La Rochelle, France By 2030, it is expected to meet 30% of Europe's demand for high-performance magnets. But, in the forty years since the rare earth industry began moving there, China has developed the technological know-how that other countries simply don't have and will struggle to build up in time. In 2023, Beijing announced restrictions on foreign access to that technology in a move seen to be, in part, a retaliation for a Biden-era ban on sales of US cutting-edge computer chips to China. But while China is prepared to use rare earths as part of its trade war toolkit, it's also wary of going too far. Holding the world to ransom risks undermining its dominance of the industry - by encouraging alternative sources - and damaging its reputation as a trading partner, analysts said. "Doing something dramatic like halting exports or anything that slows down the flow of material out of China has implications for firms that have invested in China," Ms Klinger said. "What happens if they leave?" China does not want to end up with a labour unrest problem, she added. But for firms - and indeed countries - doing business with both China and the US, Beijing's warning to South Korea this week was a reminder they could find themselves in the crosshairs of an intensifying trade war.
Associated Press
29-01-2025
- Business
- Associated Press
Halleck Creek Resource Expands to 2.63 Billion Tonnes with Higher Grades
Highlights Halleck Creek Total Mineral Resource Estimate increased by 12.2% to 2.63 billion tonnes at 3,926 ppm Total Rare Earth Oxides (TREO). Red Mountain Area within Halleck Creek saw a 29.7% growth in resources, increasing to 1.24 billion tonnes, with an 8.3% uplift in grade to 3,252 ppm TREO. Cowboy State Mine, representing the first phase of project development within Red Mountain, grew by 29.4% to 543 million tonnes, with a 2.7% increase in TREO grade to 3,438 ppm. The deposit remains open at depth and along strike, offering significant upside potential, with the mineral resource estimate covering approximately 16% of the greater Halleck Creek project surface area. DENVER, Jan. 29, 2025 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) ('ARR' or 'the Company') and its wholly owned subsidiary Wyoming Rare (USA) Inc. ('WRI') are pleased to announce a major milestone resource update for the Halleck Creek Rare Earth Project in Wyoming. The updated JORC-compliant Mineral Resource Estimates (MRE) further establish Halleck Creek as one of the largest rare earth deposits in North America and underscore ARR's continued progress in unlocking its potential as a strategic U.S. asset. The Halleck Creek resource now exceeds 2.63 billion tonnes, representing a significant 12.2% increase over the previous estimate. This growth highlights the transformational scalability of the project, which remains open at depth and along strike. The Cowboy State Mine, located within the Red Mountain area, continues to deliver robust resource growth and remains central to ARR's development strategy. Its location on Wyoming State land provides a streamlined permitting process, accelerating ARR's ability to unlock the project's full value. The project's favorable geology and near-surface mineralization support the potential for a low-cost open-pit mining operation, while ongoing metallurgical test work continues to demonstrate the potential for efficient processing of rare earths. These results reinforce ARR's ability to support the U.S. government's efforts to secure domestic critical mineral independence, reducing reliance on imports and supporting economic growth and national security objectives. Chris Gibbs, CEO of American Rare Earths, commented: 'This resource update demonstrates the continued growth, scale, and strategic importance of Halleck Creek as a cornerstone project for the U.S. rare earth supply chain. With the deposit still open at depth, and along strike, the upside potential is truly remarkable. With the Halleck Creek mineral resource estimate covering approximately 16% of the greater Halleck Creek project surface area, we believe opportunities exist to expand mineral resource estimates with additional exploration.' 'The expanded resources will strengthen the project's economics as we finalize the updated Scoping Study, which is set for release shortly, and continue integrating this data into the Pre-Feasibility Study, scheduled for completion later this year. Halleck Creek is positioned to become one of the most significant rare earth assets in North America, supporting U.S. critical mineral independence and economic growth.' Next Steps and Path Forward The updated resource model and mine plans will have a positive impact on Halleck Creek's project economics, further enhancing its strategic importance. ARR is currently integrating the updated resource and high-grade data into the Scoping Study, which was originally released in March 2024. The updated study is nearing completion and will be released in February 2025. In parallel, ongoing metallurgical test work continues to deliver promising results, highlighting the potential for cost-efficient processing at Halleck Creek. As outlined in the 2024 Scoping Study, approximately 90% of the gangue (waste) material can be removed during gravity and magnetic separation, significantly increasing REE grades through physical separation methods prior to leaching, which significantly reduces operational costs. Optimization of these processing techniques is ongoing, and further results will be announced as the next round of metallurgical testing is completed in the March 2025 quarter. In addition, the updated resource estimates will be incorporated into the ongoing Pre-Feasibility Study (PFS), which remains on track for completion later this year. The PFS will provide a more detailed evaluation of Halleck Creek's technical and economic potential, supporting ARR's phased approach to development and commercial production. Table 1 – Mineral Resource Estimate at Halleck Creek (1000ppm TREO cut off) Classification Tonnage Grade Contained Material TREO LREO HREO MREO TREO LREO HREO MREO t ppm ppm ppm ppm t t t t Measured 206,716,068 3,720 3,352 370 904 769,018 692,935 76,550 186,836 Indicated 1,272,604,372 3,271 2,900 360 852 4,162,386 3,689,999 458,140 1,084,256 Meas + Ind 1,479,320,439 3,334 2,963 361 859 4,931,405 4,382,934 534,691 1,271,092 Inferred 1,147,180,795 3,239 2,878 361 837 3,715,661 3,302,005 413,651 960,355 Total 2,626,501,234 3,292 2,926 361 850 8,647,066 7,684,939 948,341 2,231,447 This announcement is authorized for release by the Board of American Rare Earths. For the full technical report see here. American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is a critical minerals company at the forefront of reshaping the U.S. rare earths industry. Through its wholly owned subsidiary, Wyoming Rare (USA) Inc., the company is advancing the Halleck Creek Project in Wyoming—a world-class rare earth deposit with the potential to secure America's critical mineral independence for generations. The Halleck Creek Project boasts a JORC-compliant resource of 2.63 billion tonnes, representing approximately 16% of the greater Halleck Creek project surface area, making it one of the largest rare earth deposits in the United States. Located on Wyoming State land, the Cowboy State Mine within Halleck Creek offers cost-efficient open-pit mining methods and benefits from streamlined permitting processes in this mining-friendly state. With plans for onsite mineral processing and separation facilities, Halleck Creek is strategically positioned to reduce U.S. reliance on imports—predominantly from China—while meeting the growing demand for rare earth elements essential to defense, advanced technologies, and economic security. As exploration progresses, the project's untapped potential on both State and Federal lands further reinforces its significance as a cornerstone of U.S. supply chain security. In addition to its resource potential, American Rare Earths is committed to environmentally responsible mining practices and continues to collaborate with U.S. Government-supported R&D programs to develop innovative extraction and processing technologies for rare earth elements. The opportunities ahead for Halleck Creek are transformational, positioning it as a multi-generational resource that aligns with U.S. national priorities for critical mineral independence. Media Contact: Susan Assadi 347 977 7125 Investor Relations US Contact: Beverly Jedynak 312 943 1123
