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QUEST RARE MINERALS LTD 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.


EXPM:QRMLF - Post by User

QUEST RARE MINERALS LTD
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Comment by RTOon Aug 15, 2014 8:56am
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Post# 22845463

RE:We should move forward soon and i have been acumulating in

RE:We should move forward soon and i have been acumulating in I agree with you big al.  This story has much to do with size rater than economics.  A large country wanting to lock into a longterm supply will want 'best of breed' quantity and quality.  Yes the capex is over $1 billion but that is nothing when you compare it to an iron ore project.  Iron ore projects are much more abundant around the globe but projects like Strange Lake with its scope and size are very rare.  The Quebec will not put this project into production all by itself, but will facilitate a country wanting this critical supply.

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