American Rare Earths rejects $400 million SPAC takeover offer

American Rare Earths (ASX: ARR) said it won’t sell its subsidiary Wyoming Rare in an all-share deal valued at $400 million that a NASDAQ-listed special purpose acquisition company (SPAC) proposed on Friday. Wyoming Rare holds the 2.3-billion-tonne Halleck Creek rare...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now