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American Rare Earths
American Rare Earths (ARR) investor relations material
American Rare Earths Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary27 Jan, 2026
Executive summary
Achieved a key technical milestone by producing Mixed Rare Earths Oxide from Halleck Creek ore using an updated mineral processing flowsheet.
Updated Mineral Resource Estimate for Cowboy State Mine area, reclassifying indicated resources by 68.4 million tonnes.
Advanced beneficiation optimisation and released a new mineral processing flowsheet to refine processing options.
Strengthened leadership with the appointment of Mark Wall as CEO and Jason Beckton as Non-Executive Director.
Expanded strategic partnerships, including collaborations with Tetra Tech and the University of Wyoming STAR Project.
Financial highlights
Ended the quarter with a cash position of A$23.98m and financial assets of A$2.4m.
Received A$1m plus interest from Cobalt Blue Holdings and raised A$4.5m via option exercises.
Net cash expenditure for the quarter: A$1.3m for operating costs and A$1.4m for project development (net of WEA grant reimbursement).
Completed the sale of Godolphin Resources shares post-quarter for A$2.89m.
Outlook and guidance
Priorities for the next quarter include integrating testwork results into the prefeasibility study, planning a demonstration plant, and advancing permitting and environmental studies.
Preparing for infill drilling at Cowboy State Mine and pursuing non-dilutive funding opportunities.
Evaluating potential U.S. listing and ongoing assessment of other projects in Arizona, Nevada, and Wyoming.
MREO production: What are next downstream steps?
How does the resource upgrade impact project economics?
Byproduct research: What economic benefits expected?
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Next American Rare Earths earnings date
H1 20263 Mar, 2026
American Rare Earths
Next American Rare Earths earnings date
H1 20263 Mar, 2026
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Frequently asked questions
American Rare Earths Limited is an Australian exploration and development company focused on rare earth elements, with primary assets located in the United States. The company explores and develops rare earth projects containing essential elements like neodymium and praseodymium, which are critical for applications in renewable energy, electric vehicles, defense, and electronics. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.
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