Canada Rare Earth Corp. is pleased to announce that pursuant to the multi-faceted agreement announced on December 19, 2019 the Company and its partners have paid the first instalment of US$600,000 towards the US$11 million contract price for purchase of mineral sands in South America. The balance is payable in monthly instalments of US$100,000 starting September 2020. Canada Rare Earth and its partners own 20% and 80 [...]
Canada Rare Earth Corp. is pleased to announce that CanBras Minerals Ltda., a wholly owned subsidiary of the Company's subsidiary CREC South American Holdings Corp. closed on a multi-faceted agreement including: purchasing tailings produced from over 25 years of historical mining and any future mining activities conducted on a 9,960-hectare property leased by the Company for 26 years ; The existing Tailings, situated on [...]
Canada Rare Earth Corp. is developing an international supply chain business based on our commodity-trading platform and existing, developing and planned processing facilities. Tracy A. Moore, Chief Executive Officer of Canada Rare Earth explained, “We are achieving great strides in our international supply chain business. Our proprietary sources of supply are forming through joint ventures and partnerships while we [...]
Canada Rare Earth Corp. is pleased to announce that it has re-established discussions and momentum with the owners of an advanced prospective rare earth property situated in South America . The recent dialogue has resulted in an agreement outlined in a non-binding letter of intent which is significantly different from the original letter of intent announced on October 17, 2017 . The 2019 LOI is simpler in many regards [...]
Canada Rare Earth Corp. is pleased to announce that it has entered into a binding letter of intent to acquire a property in South America that is a source of mineral sands containing saleable minerals including rare earths. The property encompasses over 75 million metric tons of tailings which have been produced by an existing mining operation and which will be reprocessed to extract saleable minerals including rare earth [...]
Canada Rare Earth Corp. is developing an international rare earth business based on our commodity-trading platform and existing, developing and planned rare earth processing facilities. Important achievements during September 2018 include: Strategic Relationship with Talaxis Limited Our strategic and financing relationship with Talaxis Limited , a wholly owned subsidiary of the large Asian-based commodity trading company [...]
Canada Rare Earth Corp. is developing a commodity-trading platform leveraging our unique connections to existing and planned rare earth processing facilities. Our revenues increased ten-fold over the past two years. We sell concentrates to refineries on a preferred basis and oxides to a developing customer base which globally is comprised of 200+ international manufacturers and their supply networks. To accelerate and [...]
VANCOUVER, British Columbia, March 13, 2018 -- Canada Rare Earth Corp. is pleased to announce entering into an agreement with an arm’s length party interested in acquiring a 50% equity position in a completed rare earth refinery and in other refineries that may become available to the Company . Canada Rare Earth’s Option Canada Rare Earth has the option to acquire and become the legal, registered and [...]
Canada Rare Earth Corp. is pleased to announce that it has entered into a $1,500,000 convertible loan facility with Talaxis Limited as a component of the strategic business and financing arrangements with Talaxis announced on January 25, 2018. Tracy A. Moore, Chief Executive Officer of Canada Rare Earth explained: "We are very pleased to announce that the Company has entered into a $1,500,000 convertible loan financing [...]
Canada Rare Earth Corp. is pleased to announce the formation of a strategic business and financing arrangement with Talaxis Limited . Tracy A. Moore, Chief Executive Officer of Canada Rare Earth explained: "We are very pleased to announce the close collaboration with Talaxis. Over the past year Canada Rare Earth has experienced excellent organic growth. With support of Talaxis's personnel, experience, systems [...]
Canada Rare Earth is pleased to announce that it has entered into a Letter of Intent to form a joint venture with the owners of an advanced, prospective rare earth property situated in South America that is owned outright by the JV Partner. In addition to the JV Partner contributing the property to the JV, initial activities outlined in the LOI include the JV Partner preparing permit applications to allow the mining and [...]
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