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Apex Critical Metals expanded rare earth exploration in Nebraska, acquiring 3,024 acres to target high-grade zones, aiming for drilling before year-end.
Apex Critical Metals Corp. has expanded its rare earth element exploration at Nebraska’s Elk Creek Rift Project by acquiring 3,024 acres near NioCorp, targeting high-grade historical zones like EC-93 and NEC11-004 with past results up to 3.18% TREO over 12.2 meters.
The company is preparing for Phase I drilling before year-end, leveraging reanalyzed data from Molycorp-era drilling, though results are not verified under current standards.
The move supports U.S. efforts to reduce reliance on imported rare earths, which remain 100% import-dependent, with 2024 consumption at 8,800 metric tons of REO equivalent.
Recent federal and corporate investments highlight growing momentum for domestic production.
Apex Critical Metals amplió la exploración de tierras raras en Nebraska, adquiriendo 3,024 acres para apuntar a zonas de alto grado, con el objetivo de perforación antes de fin de año.