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Last $0.33 USD
Change Today -0.01 / -2.94%
Volume 30.2K
TRER On Other Exchanges
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

texas rare earth resources c (TRER) Snapshot

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07/16/14 - $0.48
52 Week Low
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texas rare earth resources c (TRER) Details

Texas Rare Earth Resources Corp., an exploration stage mining company, acquires, explores, and develops mineral properties in the United States. The company holds interests in the Round Top rare earths project covering 950 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project, as well as owns unpatented mining claims in New Mexico. The company was formerly known as Standard Silver Corporation and changed its name to Texas Rare Earth Resources Corp. in September 2010. Texas Rare Earth Resources Corp. was incorporated in 1970 and is headquartered in Sierra Blanca, Texas.

3 Employees
Last Reported Date: 12/12/14
Founded in 1970

texas rare earth resources c (TRER) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $120.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

texas rare earth resources c (TRER) Key Developments

Texas Rare Earth Resources Corp. Presents at 2nd Annual Growth Capital Expo, Apr-14-2015 12:30 PM

Texas Rare Earth Resources Corp. Presents at 2nd Annual Growth Capital Expo, Apr-14-2015 12:30 PM. Venue: Caesars Palace, Las Vegas, Nevada, United States. Speakers: Anthony Marchese, Non-Executive Chairman, Chairman of Audit Committee and Member of Compensation Committee.

Texas Rare Earth Resources Corp. Signs Uranium Offtake Agreement

Texas Rare Earth Resources Corp. announced that it has entered into a uranium offtake agreement with a subsidiary of AREVA. According to the agreement, TRER will supply up to 300,000 pounds of natural uranium concentrates (U308) per year based upon a pricing formula indexed to U308 spot prices at the times of delivery. The agreement is for a term of five years commencing in 2018 or as soon thereafter, contingent upon development and production at its Round Top project. Other terms and conditions of the Agreement reflect industry standards. According to Ux Consulting, a leading uranium industry data provider, the closing spot price of U308 on March 30, 2015 was $39.50 per pound.

Texas Rare Earth Resources Corp. Begins Stages 2 and 3 of the Hydrometallurgical Project

Texas Rare Earth Resources Corp. is beginning Stages 2 and 3 of the hydrometallurgical project to produce high purity (99.99%) separated rare earth elements from crushed Round Top rhyolite leached with dilute sulfuric acid. K-Technologies Inc. (K-Tech) based at Lakeland, Florida, is continuing work started in August 2014 which has employed continuous ion exchange (CIX) to produce a highly concentrated, low impurity rare earth element (REE) feedstock solution from the leach solution obtained from leaching crushed Round Top Rhyolite with dilute sulfuric acid. Metallurgical work completed in December 2014 has shown that the dilute REE bearing sulfate solution can be efficiently treated to produce a purified solution exceeding specifications for feedstock for a separation plant employing either a solvent extraction (SX) or a continuous ion exchange (CIX) process. Stage 2, under way now, will be to further process the feedstock solution from Stage 1 into three high purity streams: light, mid and heavy REE classes. Stage 3 will be to select individual REE's from the heavy class and produce individual high purity (99.99%) products employing continuous ion chromatography (CIC) processing technology. Work to optimize the leaching of the rhyolite will be concurrently conducted at K-Tech's facility.


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