Company Profile
Rare Element Resources Ltd
About Rare Element Resources Ltd
Rare Element Resources Ltd. is a publicly traded strategic-materials company headquartered in the United States, advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Quoted on the OTCQB market under the ticker REEMF, the company targets rare-earth products for technology, energy, and defense end markets. The Bear Lodge district hosts many of the less common, higher-value critical rare-earth elements, with a resource focused on the magnet metals neodymium and praseodymium (Nd/Pr) essential to permanent magnets, electric vehicles, wind turbines, lasers, and defense technology. Rare Element Resources is operating a rare-earth processing and separation demonstration plant in Upton, Wyoming, applying proprietary technology to produce high-purity separated Nd/Pr oxide. The Bear Lodge Project is a FAST-41 Covered Project under U.S. federal permitting coordination, and the company has secured a non-binding EXIM Bank Letter of Interest for up to $553 million in potential debt financing for development.