Home » Harena Resources (HREE) » Harena Resources #HREE – Ampasindava Rare Earths and the USA. Ivan Murphy talks to Alan Green

Harena Resources #HREE – Ampasindava Rare Earths and the USA. Ivan Murphy talks to Alan Green

Alan Green CEO of Brand Communications talks to Harena Resources #HREE Executive Chairman Ivan Murphy. Ivan talks through the background of Ampasindava, an ionised clay resource for heavy rare earths, which provides an easy, low impact and environmentally friendly extraction method compared to conventional mineral extraction processes. The PFS submission is being updated for the 600,000 tonne project, which Ivan described as a ‘free dig opportunity’. The Heap Leaching process means the ground can be returned to it’s previous condition, and being on the coast provides salt water and easy access to market. The upcoming OTC listing is discussed, together with the interest from US lenders and Govt agencies to fund projects such as Ampasindava. Ivan covers the recent fundraise and the funding runway for the project, the institutional interest from RAB Capital, Wexford Capital and other organisations. We then discuss the rapid rise of robotics, and how key the rare earth metals produced by Ampasindava are key elements that form part of the technology. Ivan finishes with a summary of board shareholdings, a summary of upcoming milestones and key takeaway points.


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