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Rare Element Resources Ltd is a Colorado-based company that specializes in the exploration and development of rare earth elements. With their Bear Lodge Project, they own one of the largest rare earth deposits in North America, containing valuable rare earths essential for various technologies including electronics, fiber optics, and green energy applications. Rare Element Resources has successfully developed proprietary extraction and separation technology, and they are currently in the process of constructing a demonstration plant in Upton, Wyoming, with funding from the Department of Energy. Supported by their majority shareholder, General Atomics, Rare Element Resources aims to establish a commercial rare earth processing facility based on the results generated from operating the demonstration plant. Their advanced technology and strategic partnerships position them as a key player in the rare earth industry, contributing to the growth of the permanent magnet sector and the development of sustainable technologies.Generated from the website

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