Texas Mineral Resources Joint Venture Partner Secures First Domestic Rare Earth Metal and Magnet Manufacturing Facility
Texas Mineral Resources Joint Venture Partner Secures First Domestic Rare Earth Metal and Magnet Manufacturing Facility
SIERRA BLANCA, TX, June 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Texas Mineral Resources Corp. (OTCQB: TMRC) an exploration company currently targeting the heavy rare earths, technology metals and a variety of industrial minerals primarily through its 20% ownership interest in the Round Top Mountain project in Texas, is pleased to report that its joint venture partner USA Rare Earth Inc. today announced its procurement and development of the first fully integrated U.S.-based rare earth metal and sintered neo-magnet manufacturing facility, located in Stillwater, Oklahoma.
德克萨斯州塞拉布兰卡，2022年6月9日（GLOBE NEWSWIRE）——德州矿产资源公司（OTCQB：TMRC）是一家勘探公司，目前主要通过其在德克萨斯州Round Top Mountain项目中的20％所有权来开采和开发重稀土、科技金属和各种工业矿物。总部位于美国的稀土金属和烧结新磁体制造工厂，位于俄克拉荷马州斯蒂尔沃特。
USA Rare Earth plans to invest more than $100 million in developing the manufacturing facility and will utilize its owned facilities and technology to convert rare earth oxides into metals, magnets and other specialty materials. These products have numerous applications, including electric vehicles, wind turbines, mobile electronic devices and military hardware. Initial production at the facility in Stillwater is expected to commence in 2023, with the project aiming to create more than 100 new jobs and generate over $6.6 million in wages once fully operational.
美国稀土计划投资超过1亿美元开发制造工厂，并将利用其自有设施和技术将稀土氧化物转化为金属、磁体和其他特种材料。这些产品有许多应用，包括电动汽车、风力涡轮机、移动电子设备和军事硬件。斯蒂尔沃特工厂的初始生产预计将于2023年开始，该项目的目标是在全面投入运营后创造100多个新工作岗位并创造超过660万美元的工资。
In 2020, USA Rare Earth acquired the only sintered neo-magnet manufacturing equipment in the western hemisphere. The company plans to have the necessary operating permits for all metal, flake, and magnet operations in 2022 with initial production to commence in 2023.
2020年，美国稀土收购了西半球唯一的烧结新磁体制造设备。该公司计划在2022年获得所有金属、薄片和磁体业务所需的运营许可，初始生产将于2023年开始。
About Texas Mineral Resources Corp.
关于德克萨斯矿产资源公司
Texas Mineral Resources Corp.'s primary focus is to develop and commercialize, along with its joint venture operating partner USA Rare Earth LLC, the Round Top heavy-rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso, in which TMRC owns a 20% interest and USA Rare Earth owns an 80% interest. Additionally, the Company plans on developing other domestic mining projects in more traditional metals. The Company's common stock trades on the OTCQB U.S. tier under the symbol "TMRC."
德克萨斯矿产资源公司'其主要重点是与其合资运营伙伴美国稀土有限责任公司一起开发和商业化Round Top重稀土、科技金属和工业矿产项目，该项目位于埃尔帕索东南85英里处的德克萨斯州哈德斯佩斯县，TMRC拥有20％的权益，美国稀土拥有80％的权益。此外，该公司计划开发其他采用更传统金属的国内采矿项目。该公司的普通股在OTCQB美国等级上交易，代码为 “TMRC”。
Company Contact:
Texas Mineral Resources Corp.
Anthony Marchese, Chairman
E-mail: amarchese@tmrcorp.com
Twitter: @TexasMineralRes
公司联系人：
德克萨斯矿产资源公司
董事长安东尼·马尔切斯
电子邮件：amarchese@tmrcorp.com
推特：@TexasMineralRes