Rare Element Resources targets early 2028 permits for Bear Lodge rare earth project

• Rare Element Resources set an early 2028 target to complete federal and Wyoming permitting for its Bear Lodge rare earths project.
• FAST-41 permitting schedule now published; US Forest Service-led NEPA review set to run through 2027.
• Full end-to-end operations at the Upton, Wyoming separation demonstration plant delayed; start now expected in late summer 2026.
• Plant expected to operate up to 12 months, generating data for a planned commercial-scale rare earth separation facility.
• Output focus on high-purity NdPr oxide for permanent magnet supply chains in defense and high-tech manufacturing.

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