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Stans Energy Corp. (TSXV:HRE,OTCQX:HREEF) announced that the company has produced dysprosium, terbium and gadolinium metals from its metals fabrication facilities as part of its ongoing operational testing at the Kashka Rare Earth Processing Plant.
As quoted in the press release:
Dysprosium metal was created using a select quantity of the 99.95% dysprosium oxide produced in July (See July 12th press release for details). Gadolinium and terbium metals were produced from intermediate products remaining from historical production.
Stans Energy Chief Operating Officer Boris Aryev said:
Our operational testing for Heavy Rare Earth Elements at KRP is proceeding on schedule. Our company has demonstrated the capability to produce not only oxides, but also metals, which command a significant premium to oxide prices. This achievement represents a substantial milestone in our corporate development. Stans has confirmed its capability to produce a wide variety of finished products, which are crucial to secure off take agreements and ultimately, project financing. I would personally like to congratulate KRP’s Director General, Mr. Victor Kashtanov, and his entire team on their achievements thus far.
Click here to read the Stans Energy (TSXV:HRE,OTCQX:HREEF) press release
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