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 supra82on Nov 12, 2018 3:36pm

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Post# 28961578

Sent an email

Here's the response.
Laos Refinery – we continue to push for our goal of obtaining the final operating permit which would then allow us the option to acquire a majority interest in the refinery. Peter Shearing (our COO) and I along with a number of other people will be (again) attending Laos later in the month. We have definitely gained the support of a good number of people within the Laotian government – unfortunately not all.
Re the 50 ton sample – we continue discussions with the property ownership group. The group appreciates the capability we have at our finger tips but internally the group has not been unanimous with respect to proceeding with the project until rare earth prices are significantly higher and the group’s valuation is significantly higher. The group has recently appointed a CEO who I have not been able to speak with because of my travels over the past month and due to other opportunities which were referred to in the most recent update.

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