Canada Rare Earth enters into agreement to purchase a rare earth separation refinery situated in Laos
Green Car Congress
MAY 9, 2016
Canada Rare Earth Corporation has entered into an agreement to purchase 60% of the issued and outstanding shares of a company based in Laos. The Laos company owns a full capability rare earth refinery that is designed to process monazite rare earth concentrate and separate the concentrate into the entire spectrum of commercially traded rare earths including light and heavy elements.