The All Ordinaries Index (ASX: XAO) is down 0.2% today, but that's not holding back this surging All Ords ASX rare earths share.
The outperforming miner in question is American Rare Earths Ltd (ASX: ARR).
American Rare Earths shares closed on Friday trading for 39 cents. In morning trade on Monday, shares are swapping hands for 40.5 cents apiece, up 3.9%.
This sees the ASX rare earths share up 35% in 2025, with shares now having surged 68.8% since the recent closing lows of 24 cents on 8 July.
Here's what's catching investor interest today.
All Ords ASX rare earths share gets a new CEO
This morning, American Rare Earths announced that Mark Wall would take the reins as CEO commencing on 5 January.
The ASX rare earths share noted that Wall has more than 30 years of global mining experience. This includes senior leadership roles with Tier 1 majors and North American developers, spanning operations, project development, permitting, and construction in gold, copper, diamonds, and uranium.
The company said that Wall's track record in advancing complex projects is directly aligned with its transition from explorer to future US producer of rare earths elements.
Commenting on Wall's appointment, American Rare Earths chair Richard Hudson said, "I am very pleased to have Mark lead this company forward."
Hudson added:
He brings Tier 1 major mining pedigree, global capital markets leadership and deep North American experience, making him uniquely positioned to accelerate the company's transformation and deliver value for shareholders as America's secure supplier of rare earth elements.
Commenting on his appointment, Wall said, "American Rare Earths is at a genuinely transformative point in its journey."
Wall continued:
The team has delivered substantial progress at Halleck Creek on resources, metallurgy and permitting, and I see a clear pathway from today's studies through to demonstration plant, project financing and, ultimately, commercial production.
With growing US policy support for domestic critical minerals and our strong position in Wyoming, we have an opportunity to build a long life, sustainable rare earth business that contributes meaningfully to North American supply chain security.
What's been happening with American Rare Earths?
The ASX rare earths share has been catching plenty of attention as the West ramps-up efforts to secure critical rare earths elements outside of China's control.
The company's flagship Halleck Creek project, located in the US state of Wyoming, recently saw a significantly upgraded mineral resource estimate for the Cowboy State Mine.
American Rare Earths said it is now advancing a pre-feasibility study, planning a demonstration plant, and evaluating a future US listing. Wall will play a crucial role in ensuring this success.
