QUEST RARE MINERALS LTD V.QRM

Primary Symbol: QRMLF

Metals & Mining Industrial Metals & Minerals

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.

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QUEST RARE MINERALS LTD

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Comment by RTOon Jan 04, 2014 9:32am

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Post# 22058292

RE:with what money?

IMO, the processing complex will be used as a feed for other projects. One example, Niocan Inc. (T.NIO) is awaiting their final operating permit to begin the production of high grade niobium and rare earths. The property is approximately 175kms by major highway from Becancour, to have it's concentrate processed. Projects in resendential areas will appreciate that the final processing stage, which usually has uranium and thorium waste, will be handled by experts in an area that doesn't raise a local concern. As well, these individual projects will save big capex dollars. This is why I think that the government will contribute a large amount to build this processing plant.

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