Canada Rare Earth Corp. is pleased to announce obtaining the right to increase its ownership in the Bom Futuro tailings property in the state of Rondonia, Brazil to a controlling 52% and to become the operator of the project. Certain highlights of the Bom Futuro property include: Permit issued for extraction activities; 70 million tons of tailings [...]
Canada Rare Earth Corp. is pleased to announce that it has entered into an Agreement in Principle on April 24, 2022 for the purchase of an existing rare earth refinery situated in South East Asia. "The refinery is based on technology and processes already deployed and in production at a dozen other rare earth processing plants and is capable of [...]
Canada Rare Earth Corp. is actively responding to the urgent demands of international businesses and national governments for continuous, reliable supply of rare earths. The Company is enhancing its mineral supply chain capabilities with business operations and development activities in eight countries. Although customers and governments are [...]
Canada Rare Earth Corp. is continuing to build its global trading business focused on technology materials centred around rare earths and is pleased to announce the appointment of Mr. Elyse Kohyann as Head of Global Trading. Elyse Kohyann comes to Canada Rare Earth with a wealth of international commodity trading experience having managed over 15 [...]
Canada Rare Earth Corp. is developing an international supply chain business based on existing, developing and planned processing facilities and our commodity-trading platform. The Company is pleased to confirm significant advances in the development of our vertically and horizontally integrated business which focuses on rare earths and [...]
Canada Rare Earth Corp. is pleased to announce the commissioning of a study to select the optimal location for the Company's proposed South American rare earth refinery . Canada Rare Earth has investigated various locations across nine countries over the last few years and has narrowed the scope to 6 regions within South America. The Study will [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]