Stocks of the Hour: Element 25, American Rare Earths, Stelar Metals
A snapshot of the stocks on the move, featuring Element 25 (ASX:E25), American Rare Earths (ASX:ARR) and Stelar Metals (ASX:SLB).
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American Rare Earths Limited
American Rare Earths Limited (ARR) is an Australian exploration company targeting the discovery and development of strategic technology mineral resources in the USA and Australia. The Company announced in August 2019 its entry into the lucrative US rare earth market, through the acquisition of the La Paz Rare Earth Project in Arizona which contains an existing NI 43-101 Resource. This Acquisition secures ARR as the only listed ASX company with exposure to the US rare earths market.
In Australia, ARR has two strategic assets, its investment in cobalt blue & its Australian tenements in the Broken Hill Region.
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