Mining Weekly.com reports that Saskatchewan-based Great Western Minerals (TSXV:GWG) is engaged in“advanced” talks with several parties, on financing for a rare-earths separation plant in South Africa.
The report is quoted as saying:
“Being a fully integrated producer will magnify the value of each tonne of rare earths mined,” CEO Jim Engdahl said in a statement.
“With (Great Western) having its own planned mining and separation production, our company can create the maximum degree of supply certainty to our valued customers in Asia, Europe and the United States.”
“Attention investors: China is tightening its grips on the rare earth industry forcing plant closures on illegal mining. Find out how to take advantage of this trend.”Learn everything you need to know about rare earth investments in our FREE market report. Click below to get your copy.
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