Financial Personal
Rare Element Resources Receives Final Approval Required to Commence Operations of Rare Earth Demonstration Plant in Wyoming
Staffing in place and operations shakedown underway LITTLETON, Colo. — Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce it has received the U.S. Nuclear Regulatory Commission (the “NRC”) operations appr
LITTLETON, Colo. -- Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce it has received the U.S. Nuclear Regulatory Commission (the “NRC”) operations approval under the previously issued license. This final approval, which was required for the commencement of operations at the Company’s rare earth processing and separation demonstration plant in Upton, Wyoming (the “Demonstration Plant”) follows the recently announced U.S. Department of Energy’s (the “DOE”) operations budget acceptance and issuance of its continuation notice approving operations. The Demonstration Plant, which has been designed to advance the Company’s proprietary processing and separation technology, is expected to generate the operational and economic data necessary for the design of a commercial-scale plant. Read More