SNET
Rare Earth Elements are a group of seventeen chemically similar metals that includes the elements scandium and yttrium and the lanthanide elements. The five critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, dysprosium and yttrium.
Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.
Mission Statement "We expect to garner superior investment returns throughout the marketplace by significantly enhancing the value of our assets and utilizing our network to increase sales, value and profitability. We will follow our core principles and maintain proper transparency and accountability to our partners and shareholders. The key objective of this guidance is to source, evaluate and assimilate acquisition and consolidation activity in order to quickly enhance the value of our portfolio and arrive at a valuation that we can all be proud of."
Projects Eldor Rare Earth Project is located in Northern Quebec, Canada directly adjoins the west boundary of Commerce Resources Ashram Project which currently has a Preliminary Economic Assessment (PEA)with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%. The rare earth elements at Ashram occur in simple and well-understood mineralogy, being primarily in the mineral monazite and to a lesser extent in bastnaesite and xenotime. These minerals dominate the currently known commercial extraction processes for rare earths. The deposit has combination of Light ,Middle and Heavy Rare Earth Oxide (MHREO).
Sourcinglinknet.com intends to commence an initial work program in order to identity initial exploration drill targets. To date there have been significant indicators
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