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Dacha Continues to Acquire Heavy Rare Earth Elements in China for Export
Aug. 03, 2010 11:41AM PST
Rare Earth InvestingDacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF)(PINK SHEETS:DCHAF) announced that it has acquired two lots of 500kg for a total of one tonne of Rare Earth Oxides from various Chinese suppliers with full export quotas attached.
Dacha Capital Inc. (TSX VENTURE:DAC)(OTCQX:DCHAF)(PINK SHEETS:DCHAF) announced that it has acquired two lots of 500kg for a total of one tonne of Rare Earth Oxides from various Chinese suppliers with full export quotas attached.
The press release is quoted as saying:
For a consideration of approximately $0.62 million USD, Dacha has acquired one metric tonne (2 x 500 kg) of Terbium Oxide (Tb4O7) from various China suppliers to be immediately exported to our LME approved warehouse in Busan, Korea.
Click here to access the entire press release
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