Canada intends to buy U.S. rare earth separation plant development point of ownership

Letters of intent provides the Pacific Northwest region of the United States the development of rare earth separation point predictions. North America, a region considered to be Canada's rare earth companies in the U.S., Canada, the Moscow regional business, to provide a stable supply of rare earth industry plays a key role. This area consists of approximately 100 acres of land and complete infrastructure ready composition. These include ready-made infrastructure of electricity, water and well-developed transport infrastructure. Our preliminary projections suggest that this position it is very suitable for the establishment of rare earth smelters.

Canada Rare Earth's CEO, TracyMoore said:

"We've been in the area 10 industry groups approached the Commission received written support local ownership of community and government relations for the development and licensing of particular importance at the same time, our partners, CEC Rare Earth, is investigating rare earth mine source of concentrated focus on the adjustment of these resources to respond to consumer demand, we obtained permission to negotiate contracts and provide our business plan, we try to transfer to the detail design and construction of the smelter above. "


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