Applied Minerals Closes on the Sale of its Iron Oxide Assets

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Aug 10, 2022

EUREKA, UT / ACCESSWIRE / August 10, 2022 / Applied Minerals, Inc. (the "Company" or "AMI") (OTC PINK:AMNL), a leading producer of halloysite clay products for high-value industrial applications, is pleased to announce that it has closed on the sale of the rights to its iron oxide mineral resource and related assets (the "Iron Oxide Assets") and associated operating agreements as previously described in Forms 8-K filed on July 11, 2022 and June 2, 2022.