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    Peak Resource Produces Two Rare Earth Products into Saleable Form

    Investing News Network
    May. 22, 2013 04:02AM PST
    Rare Earth Investing

    Peak Resources Limited (ASX:PEK,OTCQX:PKRLY) announced that they have produced two refined rare earth products at ANSTO Minerals into saleable form.

    Peak Resources Limited (ASX:PEK,OTCQX:PKRLY) announced that they have produced two refined rare earth products at ANSTO Minerals into saleable form.

    As quoted in the press release:

    Highlights:
    The rare earth products completed to date are:

    • An ultra-high purity (99.9%)* mid and heavy rare earth oxide (M+HREO)
    • A high purity (>99%)rare earth carbonate with a grade of 56% REO
    These samples are now available for evaluation by target customers

    Peak’s Chairman, Alistair Hunter, said:

    The successful production of these products of such high quality is an achievement very few other companies have made and we are hopeful they will exceed the expectations of any future off take customers. This work is well within the required specifications and demonstrates Peak’s commitment to drive the development of the Ngualla Project forward.

    To view the whole press release, click here.

    peak resourcesasx:pek
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