Texas Mineral Resources Corp


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Arafura Resources Says Entered Relationship With USA Rare Earth


About Texas Mineral Resources Corp

Texas Mineral Resources Corp., formerly Texas Rare Earth Resources Corp., is an exploration-stage mining company. The Company is engaged in the business of acquisition, exploration and development of mineral properties. As of August 31, 2016, the Company held two 19 year leases to explore and develop a 950 acre rare earths project located in Hudspeth County, Texas known as the Round Top Project. As of August 31, 2016, the Company also had prospecting permits covering 9,345 acres adjacent to the Round Top Project. The Company focuses on heavy rare earth elements (HREE). The Company's principal focus is on developing a metallurgical process to concentrate or otherwise extract the metals from the Round Top Project's rhyolite. The Round Top Project is an early exploration-stage project. The Round Top Project area lies within the Texas Lineament Zone or Trans-Pecos Trend. As of August 31, 2016, the Company had not generated any revenues.


Metal Mining

Contact Info

539 El Paso Street



United States


Executive Leadership

Anthony G Marchese

Non-Executive Chairman of the Board

Daniel Everett Gorski

Chief Executive Officer, Director

William Chris Mathers

Chief Financial Officer

Peter Denetclaw


Kevin A. Francis


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Latest News

Latest News

Factbox: Miners gear up global rare earth projects as prices surge

Miners are seeking to take advantage of a jump in the prices of many rare earth elements, needed for permanent magnets used in low-carbon technologies as well as myriad other applications such as weapons systems.

Exclusive: USA Rare Earth to explore public offering at value above $1 billion

USA Rare Earth LLC has hired bankers to explore going public in a deal that could value the strategic minerals company at more than $1 billion, according to a source familiar with the matter and documents seen by Reuters.

U.S. miners tout environmental credentials in wake of Biden victory

U.S. mining companies are moving fast to align themselves with Joe Biden's climate change agenda, saying the lithium, copper and other metals they produce can help the president-elect achieve his ambitious goals to slash carbon emissions and electrify the nation's automobiles...

Pentagon resumes rare earths funding program after review

The U.S. Department of Defense has resumed funding for two projects to process rare earth minerals for military weapons after a review found the grants are in the best interest of the U.S. government, according to documents seen by Reuters.

Lithium producers must wait as pandemic slows electric vehicle revolution

The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.

Exclusive: Pentagon halts rare earths funding program pending 'further research'

The U.S. Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which has controversial ties to China, according to a government document seen by Reuters and three sources familiar with the...

Aiming to thwart China, U.S. senator pushes rare earths funding bill

U.S. Senator Ted Cruz introduced legislation on Tuesday to help revive the U.S. rare earths industry with tax breaks for mine developers and manufacturers who buy their products, the latest attempt by Washington to break China's control over the strategic sector.

Factbox: Rare earths projects under development in U.S.

The U.S. government is planning to fund domestic rare earths projects in an attempt to reduce its reliance on China, the global leader of the specialized sector.

American quandary: How to secure weapons-grade minerals without China

The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22.

INSIGHT-American quandary: how to secure weapons-grade minerals without China

The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22.

Coronavirus slows U.S. push to produce electric vehicle minerals

The coronavirus pandemic is hobbling U.S. efforts to produce lithium, rare earths and other materials used in electric vehicles and high-tech equipment, dealing a blow to President Donald Trump's plan to curb Chinese control of the strategic minerals sector.

China to buy rare earths from U.S. as part of trade pact

China has agreed to buy two types of rare earth metals from the United States as part of an initial trade deal inked on Wednesday, a move likely to boost U.S. production of the strategic minerals.

UCore, Materion team up to apply for U.S. military rare earths funding

Rare earths miner UCore Rare Metals Inc and manufacturer Materion Corp said on Monday they will form a consortium to jointly apply for U.S. military funding of a rare earths processing plant.

Arafura Resources signs initial agreement for rare earth processing in the U.S.

Australian rare earths miner Arafura Resources Ltd <ARU.AX> on Monday said it had signed a preliminary agreement with a U.S. based company for the treatment of a certain variety of its rare earth concentrate.

Exclusive: Pentagon to stockpile rare earth magnets for missiles, fighter jets

The U.S. military plans to stockpile rare earth magnets used in Javelin missiles and F-35 fighter jets, according to a government document seen by Reuters, a step that critics say does little to help create a domestic industry to build specialized magnets now made almost...

Texas rare earths mine developers to build U.S. refinery

Developers of a Texas rare earths mine said on Monday they will build a pilot plant to refine the strategic minerals, the latest domestic processing project announced at a time when more Americans are voicing concern about China's control over the sector.

U.S. Army extends deadline to apply for rare earths project financing

The U.S. Army has extended by one week the deadline to apply for rare earths processing facility financing, the third deadline extension of a program intended to help Washington secure domestic supply of the minerals used to make military weapons.

Australian rare earths producer Lynas to submit plant tender to U.S. Army

Australia's Lynas Corp on Friday said it would submit a compliant tender in response to the U.S. Department of Defense's call for proposals to build a heavy rare earths separation plant in the United States.

Exclusive: U.S. Army will fund rare earths plant for weapons development

The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters.

Rio Tinto studying ways to produce lithium from waste rock at California mine

Rio Tinto Plc <RIO.L> is studying ways to extract lithium from waste rock at a mine it controls in California, making it the latest company trying to produce the battery metal in the United States for the fast-growing electric vehicle market.

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