At Ark Mines Ltd. (ASX code AHK), we are at the forefront of a mining revolution, with a focus on the extraction of critical Rare Earth Elements (REE) through our flagship tenement, Sandy Mitchell.
This positions Ark Mines as a potential key player in an industry set to explode with opportunity.
Additionally, we have a number of tenements containing Copper, Nickle, Iron & Cobalt, raw materials critical to the manufacturing of rechargeable Lithium-ion batteries and the viability of electric vehicles (EV’s).
Spend a few minutes here and you’ll see why many smart investors are so bullish about the future of Ark Mines!
Recently released “resource evaluation reports” for the Sandy Mitchell Rare Earth Project has far exceeded all expectations.
The indicated Mineral Resource Estimate (MRE) is 21.7 million tonnes with a high magnetic Rare Earth Oxide (REO) element proportion of 24% of the Total Rare Earth Oxide (TREO) basket, an the estimated exploration target is 1.3 billion to 1.5 billion tonnes @1250 to 1490ppm monazite equivalent positioning Sandy Mitchell as one of Australia’s most enriched MREO deposits and one of the world’s largest surface-expressed, sand-based placer Rare Earth deposits..
The resource includes a basket of high-value Heavy Minerals, including Monazite, Zircon, Rutile, Xenotime, and Ilmenite. With the potential to generate revenue through the sale of rare earth concentrates as well as the high value heavy minerals, the Sandy Mitchell project is poised for rapid development and production.
Click below for more information on the Sandy Mitchell Project and full access to metallurgical review and commentary reports, ASX announcements, the MRE and Resource Evaluation Report.
Driven by Australia’s Critical Minerals Strategy, released in 2022, the government is making substantial investments in the sector. A recent landmark investment of $840 million, including $495 million from the Federal Government’s Critical Minerals Facility, is funding projects aiming to diversify the supply chain sustainably.
International collaborations are also accelerating progress. The Australia-U.S. Climate, Critical Minerals, and Clean Energy Transformation Compact is a prime example of the global commitment to this sector.
With a $40 million international partnerships program already underway and open until 2026 with more to follow, the opportunity to potentially reap significant returns as the sector expands and evolves is significant, and Ark Mines is perfectly positioned to capitalise on this.
Western governments, particularly the United States, are acutely aware of the need to diversify their sources of rare earth elements.
These minerals are crucial for the production of high-tech products, renewable energy solutions, and defence technologies.
The urgency to secure reliable and independent supplies is higher than ever, as reliance on China poses significant risks.
The U.S. government is now looking beyond its borders, ready to invest in companies from allied countries like Australia that can bolster the supply chain and mitigate these risks.
The global demand for rare earth elements (REEs) is set to skyrocket as the world pivots towards a more sustainable and technologically advanced future. REEs are crucial for the production of high-performance magnets, batteries, and electronic components.
These materials are essential in the manufacturing of electric vehicles, wind turbines, and advanced communication systems, making them indispensable for the green energy transition and the burgeoning tech sector. Estimates say demand will increase by 400% or more by 2040.
As countries worldwide strive to meet their carbon reduction goals and technological advancements accelerate, the need for reliable sources of these elements becomes increasingly critical.
Meet the people helping Ark Mines shareholders realise positive results whilst supplying markets with crucial elements in an ethical and safe way.
Take a look at the Ark Mines governance library where you can find numerous PDF documents covering a wide rang of important compliance areas.
Current investors and those looking to invest can find additional information about Ark Mines Ltd. in this section.
ASX ANNOUNCEMENT – SIGNIFICANT EXPLORATION TARGET DEFINED AT SANDY MITCHELL RARE EARTHS PROJECTThe Exploration Target estimated for Sandy Mitchell: 1.3…
Robust Maiden Indicated Mineral Resource Estimate (MRE) at Sandy Mitchell Rare Earth and Heavy Mineral Project
Outlining the advantages and benefits of the Sandy Mitchell Rare Earths deposit.
Click below to visit. We will be adding to it on a regular basis so be sure to check back often.
