Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Canada Rare Earth Corp. (TSXV: LL) ("Canada Rare Earth" or the "Company") is pleased to announce it has entered into a Memorandum of Understanding with a private Laos-based company that gives Canada Rare Earth the right to purchase 70% of a recently fully permitted rare earth refinery (the "Refinery") designed and built to process rare earth concentrates and produce the entire suite of commercially traded rare earth oxides, including both light and heavy rare earth elements (the "Acquisition"). The Refinery has a rare earth oxide production capacity of 3,000 tonnes per year (tpy) and was constructed twelve years ago.
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - Canada Rare Earth Corp. (TSXV: LL) ("Canada Rare Earth" or the "Company") is pleased to announce the signing of a supply agreement between Simba Essential Minerals S.A.S ("Simba"), which will be a wholly owned subsidiary of Canada Rare Earth and SAKIMA SA, a Congolese state-owned mining company. This agreement will enhance Canada Rare Earth's supply chain of rare earths and other essential minerals sourced in the Democratic Republic of Congo ("DRC") and will go a long way towards enabling the Company to increase its supply volumes.
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Industrial Materials Industry | Basic Materials Sector | Mr. Peter Roderick Shearing CEO | OTC PINK Exchange | 135208106 Cusip |
CA Country | - Employees | - Last Dividend | 29 Aug 2006 Last Split | - IPO Date |