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Rare Element Resources Ltd. (OTCMKTS:REEMF) Short Interest Update

Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Rating) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 8,800 shares, a growth of 151.4% from the March 31st total of 3,500 shares. Based on an average trading volume of 183,900 shares, the days-to-cover ratio […]
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DOE finalizes $21.9M award to support rare earth processing and separation demonstration plant

The US Department of Energy Office of Energy Efficiency and Renewable Energy has finalized an Assistance Agreement providing approximately US$21.9 million to a project led by General Atomics for the engineering, construction and operation of a rare earth separation and processing demonstration plant to be located in Wyoming. (Earlier post.)...
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Rare Element Resources Announces Finalization of the Department of Energy $21.9M Financial Award

Funding Supports Rare Earth Processing and Separation Demonstration Plant LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce the finalization of negotiations with the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy (“DoE/EERE”) for an Assistance Agreement providing approximately US$21.9…
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Rare Element Resources Announces Intent to Launch Approximately $25 Million Rights Offering of Common Shares

LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that it intends to launch a rights offering for gross proceeds of approximately US$25 million if all subscription rights are exercised under the rights offering. In the rights offering, each holder of the Company’s…
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Rare Element Resources Reports Progress on U.S. Department of Energy Funding for Rare Earth Separation and Processing Demonstration Plant

Demonstration plant will utilize the Company’s proprietary technology to produce commercial-grade high-purity oxide for U.S. rare earth magnet production.LITTLETON, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to provide an update regarding the progress of pre-award negotiations with the U.S. Department of Energy
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Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project

Press release content from Business Wire. The AP news staff was not involved in its creation. Rare Element Resources Named U.S. Department of Energy Funding Recipient for Rare Earth Separation and Processing Demonstration Project January 21, 2021 GMT LITTLETON, Colo.--(BUSINESS WIRE)--Jan 21, 2021-- Rare Element Resources Ltd. (the “Company”) (OTCQB: REEMF) is pleased to announce that formal notice has been received from the U.S. Department of Energy (“DoE”) that General Atomics, an aff...
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Source: apnews.com

What Is Going On With Rare Earths Going Into Next Year?

What Is Going On With Rare Earths Going Into Next Year? Smartphones, laptops, wind turbines, electric cars, and medical devices — you name it. Theyre also widely used in defense technology, like jets and guided missile systems. Neodymium, dysprosium, praseodymium, and terbium, for example, are all used in high-strength permanent magnets. They are used in virtually every modern vehicle and aircraft, and they improve efficiency and reduce size and weight. The guidance systems used by missiles a...
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