| (Values in U.S. Thousands) | Dec, 2024 | Dec, 2023 | Dec, 2022 | Dec, 2021 | Dec, 2020 |
| Sales | 0 | 0 | 0 | 0 | 0 |
| Sales Growth | unch | unch | unch | unch | unch |
| Net Income | -18,450 | -9,000 | -9,430 | -5,400 | -3,230 |
| Net Income Growth | -105.00% | +4.56% | -74.63% | -67.18% | -125.87% |
Rare Element Resources Ltd (REEMF)
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Rare Element Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. The Company focuses generally on gold and rare-earth-elements and holds a 100% interest in the Bear Lodge property located in northeast Wyoming. The property contains disseminated rare-earth deposits and has extensive gold occurrences. Rare-earth elements are key components of the green energy technologies and other high-technology applications. The major applications include hybrid automobiles, plug-in electric automobiles, advanced wind turbines, computer hard drives, compact fluorescent light bulbs, metal alloys, additives in ceramics and glass, petroleum cracking catalysts, and a number of critical military applications. Rare Element Resources Ltd is based in Vancouver, Canada.
Fiscal Year End Date: 12/31