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Stans Energy Corp.(TSXV:HRE) announced that it is to carry out operational testing at its Kashka rare earth processing plant. The Company plans to commence testing in mid July, 2012.
Stans Energy Corp.(TSXV:HRE) announced that it is to carry out operational testing at its Kashka rare earth processing plant. The Company plans to commence testing in mid July, 2012.
As quoted in the press release:
Mackay, President and CEO of Stans Energy Corp.,is pleased to announce that Plant #3 of the company’s Kashka REE Plant (KRP) will be ready for operational testing by mid-July 2012, and by August 30, 2012, the KRP is expected to be ready to produce its first product – Heavy Rare Earth Oxides of Dysprosium, Gadolinium, and Erbium to 99.99% purity.
Robert McKay, Stans Energy, President, commented:
We are extremely pleased with the progress made to date at Plant #3. Through the course of our renovation, and in consultation with our technical advisors at VNIIHT, we discovered the potential for recovering nearly two tonnes of mixed rare earths oxides from concentrate that remains in the holding tanks. The concentrate consists of Dysprosium, Gadolinium, Samarium, Yttrium, Holmium, Ytterbium, Erbium, Thulium and Lutetium This production test run will demonstrate the operational viability of the KRP plant. This validation of our proven metallurgical processes and production assets will solidify our position as one of the front-runners to Rare Earth Oxide production outside of China. In this period of transition from project development through infrastructure build-out, and ultimately production readiness, Stans Energy will continue the evaluation of other potential sources of concentrates. Above all, I would like to take this opportunity to congratulate our engineering and technical teams on this milestone achievement and for their contribution to company progress.
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