RARE ELEMENT RESOURCES LTD

Rare Element Resources Ltd. is a mineral exploration and development company focused on advancing rare earth element processing and separation technologies. The company holds proprietary metallurgical processes designed to recover commercial-grade rare earth oxides and extract critical rare earth elements. Its primary resource asset is the Bear Lodge rare earth project. The company plans to serve industrial consumers that require refined rare earth materials, including manufacturers producing permanent magnets, electronics, defense equipment, electric vehicles, and clean energy components.

The company is headquartered in Firestone, Colorado, with operational activities concentrated in northeastern Wyoming near Sundance and Upton. Its holdings include mining claims at the Bear Lodge property and a processing demonstration facility. The firm operates through a single wholly owned subsidiary and holds intellectual property across the United States and thirteen foreign jurisdictions. As of late 2025, the enterprise employs nine full-time personnel.

Summary of the business section of Rare Element Resources's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had nine full-time employees and no part-time employees.”