American Rare Earths announces company has brought on a US-based CFO

July 17, 2023 at 16:47 PM EDT

--News Direct--

American Rare Earths President, North America Mel Sanderson joined Proactive's Steve Darling to share exciting news about the company's team expansion. ARE has appointed Jose Rico as its new US-based CFO, highlighting the company's focus on its operations in the United States.

ARE's projects in the US include Halleck Creek in Wyoming, La Paz in Arizona, and Searchlight in Nevada. Sanderson informed Proactive that Rico brings valuable experience to the team, having served as the Global Head of Management Company Finance at Resource Capital Funds, a mining-focused global alternative investment firm. He also held the position of Managing Director of Corporate Accounting at The Charles Schwab Corporation. With his extensive background in finance and mining, Rico is expected to play an integral role in ARE's US transformation and become part of the management team based in Colorado.

ARE's decision to expand its team and appoint a US-based CFO reflects the company's commitment to advancing its operations and projects in the United States. By strengthening its management team with experienced professionals like Rico, ARE aims to drive the development of its rare earths projects and maximize their potential. With projects in strategic locations such as Wyoming, Arizona, and Nevada, ARE is well-positioned to contribute to the domestic supply of rare earths in the United States. The addition of Rico to the team further strengthens ARE's capabilities and positions the company for continued growth and success in the rare earths sector.