American Rare Earths Limited (ARR:ASX)
American Rare Earths Limited is an exploration company that focused on the development of La Paz Scandium and Rare Earth Project in Arizona. The project is strategically located 25 kilometers (Km) southwest of Broken Hill in New South Wales, adjacent to the main transcontinental railway line. La Paz Rare Earth project staked approximately 890 hectares including 107 unpatented lode mining claims on federally controlled land and a prospecting permit over one section of Arizona State Trust land (259 hectares). Its tenements include EL 8558, EL 8559, EL 8649, EL 8650, EL 006139, EL006583, EL006584, EL006585, and EL006614. The Company holds approximately three exploration licenses EL8775 (Broken Hill NW), EL8776 (Triple Chance), and EL8773 (Main Line). It also owns Laramie Rare Earths (REE) Project in Wyoming, United States.