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Rare Earths Discovery Near Wheatland So Big It Could Be World Leader
cowboystatedaily ^ | 02 07 2024 | Pat Maio

Posted on 02/12/2024 11:46:15 AM PST by yesthatjallen

There’s a modern-day gold rush happening in the attempt to dig green-energy rare earth minerals out of the ground. Some believe Wyoming could be America’s answer to China’s lock on the market.

And one of a handful of Wyoming companies in the rush may have hit the mother lode.

American Rare Earths Inc. has its sights on thousands of acres of land near Wheatland, Wyoming. The company disclosed in a technical report on Wednesday that it found 64% more rare earth minerals than it had originally envisioned in a March 2023 assessment of the land.

The newly disclosed figure of 2.34 billion metric tons of rare earth minerals found southwest of Wheatland by American Rare Earths Inc. could dwarf in size the 1.2 million metric ton estimates in northeastern Wyoming that one of its competitors claimed was one of the biggest discoveries in the world.

A metric ton equals about 2,200 pounds while a ton is 2,000 pounds.

“This exceeded our wildest dreams, and we only drilled on about 25% of the property,” said Donald Swartz, CEO of American Rare Earths.

The company is the U.S.-based unit of an Australian-founded exploration company working in Wyoming.

SNIP

(Excerpt) Read more at cowboystatedaily.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections; US: Wyoming
KEYWORDS: americanrareearths; australia; ccp; china; ijustwant2celebrate; mining; patmaio; rareearth; rareearthminerals; rareearths; sheridan; wheatland; wyoming
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To: yesthatjallen

If they continue finding new, huge deposits of rare earth minerals, they eventually won’t be so rare. Which would be a good thing.


41 posted on 02/12/2024 3:06:12 PM PST by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: yesthatjallen

If Hunter and Hitlery aren’t already cutting a deal with the ChiComs.


42 posted on 02/12/2024 3:06:39 PM PST by fella ("As it was before Noah so shall it be again," )
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https://www.google.com/search?q=American+Rare+Earths+stock


43 posted on 02/12/2024 4:02:18 PM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: Fido969
"Feels like a penny-stock hustle."

I was wondering about that. They repeatedly name-drop "American Rare Earths Inc." multiple times.

44 posted on 02/12/2024 4:06:32 PM PST by yesthatjallen
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To: yesthatjallen

I went to Wheatland high school - in California. Itty bitty farm town near base.


45 posted on 02/12/2024 7:28:59 PM PST by NetAddicted (MAGA2024)
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To: yesthatjallen

Have no fear. Neo-Marxist Democrats will find a way to sell it all to China, just as they did with Urainium ore mines in the U.S.

See: https://www.factcheck.org/2017/10/facts-uranium-one/


46 posted on 02/12/2024 11:53:14 PM PST by Doc91678 (Doc91678)
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