American Rare Earths, Novex to advance oxide-to-metal production

American Rare Earths signed a Memorandum of Understanding with Novex, a United States rare earth metallurgy and metallization company. The MoU covers converting separated rare earth oxides from the Halleck Creek project in Wyoming into the metals required to make permanent magnets. “This MoU is a critical step in advancing our stated intention of building the only fully U.S. domestic… The post…