American Rare Earths Limited received AU$ 10.7 million in grant funding from the state of Wyoming.

Jun 27, 2024

American Rare Earths (ASX: ARR) announced that the Cowboy State Mine at Halleck Creek in Wyoming, USA, has received approval for up to AU$10.7 million in non-dilutive funding through a grant from the State of Wyoming. American Rare Earths signed the Funding Agreement with the State of Wyoming today, with support from partners Wyoming Energy Authority and the University of Wyoming Energy Resources Council.

The Wyoming Energy Authority, American Rare Earths, and its partners share a common goal-a sustainable future for Wyoming's energy economy. This significant grant underscores the technical and economic potential of the Cowboy State Mine and represents a shared vision for advancing sustainable resource development. It's a testament to the alignment of values and commitment to a sustainable future.

 

 

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