Rare Element Resources Ltd. (OTCMKTS: REEMF) is a mineral exploration and development company focused on advancing rare earth element deposits in the United States. The company’s flagship asset is the Bear Lodge Rare Earth Project in northeastern Wyoming, a high‐grade deposit of critical heavy and light rare earth elements used in advanced magnets, electronics and clean energy technologies. Rare Element Resources oversees all stages of the project lifecycle from exploration drilling and resource definition to engineering studies and environmental permitting.
Founded in 2011 and headquartered in Vancouver, British Columbia, Rare Element Resources maintains regional offices in Denver, Colorado. The company’s early history includes grassroots exploration programs that defined a significant rare earth mineral resource at Bear Lodge. Under its leadership team, led by CEO Mary E. Little, Rare Element has completed a prefeasibility study and initiated a comprehensive environmental impact statement process to secure federal and state permitting for mine construction.
Rare Element’s core activities encompass exploration geology, mineral processing test work and metallurgical flowsheet development aimed at producing mixed rare earth carbonate concentrates. The company has partnered with engineering consultants to refine the process design for upgrading mineralized material into high‐purity rare earth oxides. These products are targeted at original equipment manufacturers in industries such as electric vehicles, wind turbines, consumer electronics and defense applications.
While its primary operations are centered in Wyoming, Rare Element Resources serves a global customer base through long‐term offtake and offtake framework discussions. The company’s proximity to existing infrastructure, including highways, rail lines and power utilities, is expected to reduce capital costs and accelerate project development. Management continues to engage with local stakeholders, regulatory agencies and potential strategic partners to advance the Bear Lodge project toward commercial production.
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