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American Rare Earths taps ex-Newmont executive as VP to drive Halleck Creek strategy
Yahoo Finance· 2026-03-25 00:19
Core Viewpoint - American Rare Earths Ltd has appointed Nick Lissolo as vice president of corporate development and strategy, enhancing its leadership as it advances the Halleck Creek rare earths project in Wyoming [1][6]. Group 1: Appointment and Role - Nick Lissolo will play a central role in shaping corporate strategy, capital markets initiatives, and portfolio development, focusing on partnerships, project evaluation, and long-term value creation [2]. - The appointment is significant as American Rare Earths progresses Halleck Creek as a potential large-scale, domestically sourced rare earths asset in the U.S., amid efforts to secure supply chains outside China [3]. Group 2: Experience and Background - Lissolo brings 17 years of experience in global mining operations, most recently as head of evaluation modelling at Newmont, where he led financial modelling and capital allocation analysis [4]. - His experience includes senior roles in project evaluation, financial reporting, and regional finance leadership, working on projects ranging from US$100 million to US$5 billion [5]. Group 3: Strategic Alignment - The CEO of American Rare Earths emphasized that Lissolo's experience in large-scale project evaluation and capital allocation will be invaluable for the development of the Halleck Creek project and the broader portfolio [6]. - Lissolo, a Wyoming native, expressed excitement about the potential of the Halleck Creek project to contribute to a secure domestic rare earths supply chain [7][8].