Dacha Acquires 12,000 Kilograms of Heavy Rare Earth Elements

Dacha Strategic Metals Inc. (TSXV:DSM) reports the acquisition of 12,000 kilograms (12 metric tonnes) of Heavy Rare Earth Elements.

The press release is quoted as saying:

Dacha is an investment company focused on the acquisition, storage and trading of strategic metals with a primary focus on Heavy Rare Earth Elements. The Company has established a strategic stockpile of Rare Earth Elements in a LME-approved metals facility in Pusan, Korea. In this transaction the Company has acquired twelve thousand kilograms (12 metric tonnes) of Dysprosium Iron Metal (DyFe) quotas for immediate export to its warehouse in Pusan, Korea. The purchase price for the acquisition was approximately US$3.5 million.

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