American Rare Earths Appoints Veteran Mine Builder Matthew Gili to Advance Wyoming Project Toward Listing
2026-06-24 15:16
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en.Wedoany.com Reported - Veteran mine builder Matthew Gili will join the board of American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF) as a non-executive director. The company is advancing its Halleck Creek rare earth project in Wyoming and preparing for a Nasdaq compliance listing in the second half of 2026.

Gili currently serves as President and CEO of Ur-Energy Inc, a Wyoming-based uranium producer listed on the NYSE American and TSX. With over 25 years of mine development and operations experience at global mining groups such as Rio Tinto and Barrick, he was involved in building the first new copper mine in the United States in a decade.

Gili's appointment remains subject to completion of Australian regulatory procedures, which American Rare Earths expects to finalize shortly. Upon formal appointment, Gili will join the company's technical committee and participate in the Definitive Feasibility Study workstream for the Halleck Creek project. American Rare Earths states that the project is the largest known rare earth deposit in the United States by total rare earth oxides (TREO).

This appointment is part of a broader board renewal process. American Rare Earths is working toward a compliant dual listing on Nasdaq in the second half of 2026, while retaining the ASX as its primary listing venue. The company is also considering relocating its domicile to the United States in 2027, subject to shareholder vote approval.

Gili is based in Casper, Wyoming, and has direct operational experience in the state's regulatory, permitting, and community environment. The company says this experience is directly applicable to the Halleck Creek project located in Albany and Platte counties, as well as the broader Cowboy State Mine area within the project scope. The company has initiated a 2026 feasibility study-level drilling program at Cowboy State Mine, targeting geological and geotechnical data to support ore reserve estimates, engineering design, environmental baseline studies, and pilot-scale metallurgical testing.

American Rare Earths notes that Gili's background in uranium in-situ recovery (ISR) is relevant, as its processing route shares core chemistry with rare earth hydrometallurgy. Common processes include sulfuric acid leaching, solvent extraction, ion exchange, precipitation, drying, and solution management. Gili oversaw ISR uranium hydrometallurgy at the Lost Creek operating ISR facility in Wyoming, gaining experience with similar processing technologies under the same state regulatory and environmental context. The company says this appointment will also add US-listed company experience as American Rare Earths navigates the governance, disclosure, and investor relations requirements associated with a Nasdaq listing.

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