Rare Earth Tech Consortium Gains Two New Resource Allies
Published Date: 1/24/2025
Notice
Summary
The Consortium for Rare Earth Technologies (CREaTe) just added two new members, Alaska Range Resources and Orojo Resources USA, to their team working on rare earth tech. This update keeps their special legal protections against big antitrust lawsuits in place. If you’re involved or interested, watch for more membership news coming soon—no money changes yet, just more teamwork!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Two Companies Added to CREaTe
On October 11, 2024, Consortium for Rare Earth Technologies (CREaTe) added Alaska Range Resources, LLC (Palmer, AK) and Orojo Resources USA, LLC (Cleveland, GA) as parties to the consortium. By adding them, CREaTe has filed notifications to extend the National Cooperative Research and Production Act's protection that limits antitrust plaintiffs to recovering actual damages under specified circumstances.
CREaTe Membership Stays Open
CREaTe states that membership in the group research project remains open and that it intends to file additional written notifications disclosing all changes in membership. The group's original notification was filed April 22, 2022, and the last notification was filed July 18, 2024.
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