Peak Resources of Australia and China signed a memorandum of Rare Earth

Peak Resources Limited (ASX: PEK) today announced that it has signed a memorandum of cooperation with China , a rare earth company , to develop its Enge La (Ngualla) Rare Earth Project in southern Tanzania . The memorandum , though not legally binding , but provide long-term strategic cooperation framework agreement on the Tanzanian ex Glasgow RE projects.

The partnership with Peak Resources Inc. is a port city in northern Jiangsu East rare earth enterprises, the company has the equipment and technology has advantages in the rare-earth mineral processing, high purity rare earth processing and separation of , and have developed a mature marketing network .

Memorandum of agreement the two sides will conduct cooperation in the following areas : beneficiation process Enge La Chinese rare earth projects will be optimized , including beneficiation , leaching recovery and separation processes ; the parties before the introduction of other investment projects , process engineering analysis and marketing ; seeking to establish a joint venture opportunities in rare earth separation plant ; Chinese direct investment to help Peak resources Inc. to jointly develop Enge La RE projects ; negotiated and signed the Underwriting Agreement, the sale of rare earth carbonate and other intermediate products.

Peak rare earth minerals company with a lot of quality Enge La Chinese rare earth devices mature , well-developed marketing network and leading expertise combined with the successful development of the project will bring great impetus , and reduce project operating costs.

Peak Resources Limited is located in Perth, Western Australia , in November 2006 are listed on the Australian Stock Exchange and is headquartered in Perth, Western Australia , and in Tanzania, Mwanza (Mwanza) with a mineral survey office. The company has a number of brownfields , green and high-level survey project in Tanzania 's mineral -rich Lake Victoria Goldfields (Lake Victoria Goldfields), is currently working on the development of rare earths project in southern Tanzania Enge La .

Peak goal is to create value for shareholders in the following ways : Peak 's goal is to generate shareholder benefit in the following ways : low to high grade uranium has been found in low thorium Enge La rare earth project forward to production stage ; conducted in Enge La niobium, tantalum, and phosphate prospecting , development of commodity categories ; through a large-scale survey in Tanzania , to find new gold ; massive acquisition of new projects in East Africa .


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

WeChat

Tungsten Metal

Tungsten Metal Price

Tungsten Alloy

Tungsten Alloy Price

Tungsten Carbide

Tungsten Carbide Price

Tungsten Powder

Tungsten Powder Price

Tungsten Copper

Tungsten Copper Price

Tungsten Oxide

Tungsten Oxide Price