American Rare Earths Appoints Melissa Sanderson as President of North America

PHOENIX, Jan. 24, 2023 (GLOBE NEWSWIRE) — American Rare Earths, Limited (ASX: ARR , OTCQB: ARRNF , FSE: 1BHA ) (the “Company”), an Australian company listed on the ASX and listed USA and Germany, with assets in the growing rare earth metals sector, are pleased to announce that Melissa (Mel) Sanderson is the new President of North America.

Ms. Sanderson is an accomplished leader in mining and diplomacy with a global career that spans more than 30 years. Mel brings to the role a wealth of industry experience based on his time at global mining leader Freeport-McMoRan, in a corporate ESG role and as vice president for Africa. She is the recipient of numerous awards, including the US State Department Honorary Award and The Women in Mining UK 2022 Top 100 Inspiring Global Mining Women.

Mel serves on several boards, including American Rare Earths Limited, Advance Metals Limited, Phoenix Committee on Foreign Relations, and Chair of the Arizona District Export Council. Sanderson will report to Chris Gibbs, managing director, and will also remain on the ARR board as executive director.

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Chairman Craig O’Connor comments, “Mel is an outstanding leader and brings a wealth of experience to the role of head of the North American business, based in Phoenix, AZ. I could not be more excited and pleased for Mel to accept this appointment .”

Under Marty Weems’ leadership, the company has established significant partnerships with various research organizations and the energy and defense departments. Mel is well positioned to continue this relationship as she is well versed in working with US government agencies having served as a senior diplomat at the US State Department.

The company will additionally benefit from the fact that Mel is a native of Wyoming, where ARR has a significant interest in the Halleck Creek Rare Earth Project, located in Platte and Albany counties in southeastern ranch country. At the southern end of the Laramie Range is a massive geological rare earth plutonium deposit estimated to contain more than a billion tons of ore, potentially making it the largest project in the US, rivaled by few global mines of such size and scale.

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Mel takes on his new role following the departure of Marty Weems, who has accepted a role at a company outside the rare earth industry. “While we are disappointed to lose Marty, we want to thank him for his extraordinary service to America’s Rare Earths and wish him the best in the future.”

This marketing announcement has been authorized for publication by the American Rare Earth Council.

Creagh O’Connor AM
Chairman

A media piece accompanying this announcement is available by clicking on the image or link below:

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American rare earths: media piece

About America’s rare earths:

American Rare Earths Limited (ASX: ARR, OTCQB: ARRNF, FSE: 1BHA) as an alternative international supply chain to China’s dominance of the global rare earth market will grow to US$20 billion by the mid-2020s. The company’s mission is to provide critical materials for renewable energy, green technologies, electric vehicles, national security, and a low-carbon future.

American Rare Earths is one of the few listed companies to tap into the rapidly expanding US market, developing its 100% owned magnetic metals projects, Halleck Creek in Wyoming and La Paz in Arizona. Both have the potential to be among the largest rare earth deposits in North America. The company is also evaluating other exploration opportunities and working with the US government to develop a sustainable domestic supply chain for a renewable R&D future.

Media contact:

Susan Asadi

347 977 7125

[email protected]

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