Canada Rare Earth Corp V.LL

Alternate Symbol(s): RAREF

Metals & Mining Industrial Metals & Minerals

Canada Rare Earth Corp. operates a global essential minerals business in the rare earth minerals and products sector. The Company is engaged in acquiring and developing proprietary projects, resources, and processing facilities. It is engaged in the development of the Bom Futuro Project. The property is known to contain rare earths, cassiterite (tin), zircon, ilmenite and wolframite. It has the right to acquire a majority interest in a private company, which owns and operates a mining quarry (the Quarry). It is also engaged in the process of establishing a rare earth supply operation in the DRC. Its products include high-purity simple oxides, rare earth fluorides, larger particle/nano rare earth oxides, and custom products. The high-purity simple oxides include cerium oxide, dysprosium oxide, erbium oxide, europium oxide, gadolinium oxide, and holmium oxide, among others. The rare earth fluorides include lanthanum fluoride, neodymium fluoride, and yttrium fluoride.

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Canada Rare Earth Corp

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Post by gobig1on Aug 04, 2010 1:07pm

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Post# 17321006

Agreed - Great result!

The Labrador properties are beginning to look very interesting.

NbO5 is in very high demand. Used to make magnets of the quality required for windmills and electric cars.I could only find prices from 2004 for Beryllium, but it was $160/lb back then. It's strange in that in this day and age it's still challenging to find pricing for these elements.

GB1

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