Dacha Adds to Strategic Stockpile of Rare Earth Elements

- May 13th, 2010

Dacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF) reported that the company has acquired 39,000 kilograms of Rare Earth Elements from China destined for its primary London Metal Exchange approved warehouse in Busan, Korea.

Dacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF) reported that the company has acquired 39,000 kilograms of Rare Earth Elements from China destined for its primary London Metal Exchange approved warehouse in Busan, Korea.

The press release is quoted as saying:

For an aggregate price of US$5.8 million, Dacha has acquired sixteen metric tonnes (16,000 kg) of Dysprosium metal, twenty metric tonnes (20,000 kg) of Yttrium Oxide and three tonnes (3,000 kg) of Terbium Oxide.

Click here to access the entire press release

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