Rare Earths Americas, Inc., a U.S. critical minerals company advancing a secure, ex-China supply of heavy rare earth elements, today announced several key corporate milestones, including the appointment of its Board of Directors, the commencement of a new diamond drill campaign at its flagship Foothills Project, and the re-domestication of the Company.
“These milestones reflect the strong foundation we’re building across governance, technical progress, and strategic execution,” said Donald Swartz, Chief Executive Officer of Rare Earths Americas. “With drilling underway and an experienced, visionary Board in place, REA is well-positioned to advance its mission of establishing America’s first commercial source of heavy rare earths outside China and Myanmar.”
REA is proud to welcome a distinguished group of leading strategists to REA’s Board of Directors: Hugo Schumann, Ivy Estabrooke, Reta Jo Lewis, and Keith Phillips. Collectively, they bring expertise spanning mining and critical minerals, national security and innovation policy, diplomacy, and finance. Their guidance will be instrumental as REA continues to grow its U.S.–Brazil platform and advance its mission to establish a secure, ex-China source of heavy rare earths.
The Company has also advanced its technical initiatives with the commencement of a diamond drill program at REA’s U.S. Foothills Project — an ultra-high-grade rare earth district discovery with grades up to 41.3% Total Rare Earth Oxides (TREO). This program is designed to delineate initial resource potential and accelerate technical studies in support of the Company’s broader development strategy.
Effective October 15, 2025, the Company successfully re-domiciled from a Cayman Islands entity to a Texas entity through the filing of a certificate of conversion with the Texas Secretary of State. This transition better aligns the Company’s corporate structure with its strategic mission and enables REA to leverage Texas’ strong industrial base, business-friendly environment, and proximity to key partners. Following its re-domestication to Texas, Rare Earths Americas Ltd. is now Rare Earths Americas, Inc.
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