NASDAQ reports that Rare Element Resources Ltd. (TSX:RES) identified high grades of heavy rare-earth elements in the Whitetail Ridge resource area, and the East Taylor and Carbon target areas.
The market news is quoted as saying:
The western areas are characterized by high grades (>3% REO) and substantial quantities of the light rare earths (LREE), along with some of the highest grades of heavy rare earths in North American deposits.
“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.”
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