Some very interesting and surprising developments in the Rare Earth Sector
During the past week, there have been some very interesting and surprising developments in the Rare Earth Elements (REE) sector that may be of interest to our shareholders and other members of our distribution list. This is not to be considered a news release from Great Western Minerals Group, but rather a distribution of relevant information about some of the new developments that could have an impact on the control of the industry as well as the future supply of REE.
Arafura Signs with Chinese Partner ..Yesterday, Arafura Resources announced that it signed a letter of intent with a subsidiary of the East China Exploration and Development Bureau. This could extend the reach and influence of China in the rare earth sector outside of China. The stories are widely covered, but one of the links I checked on were from West Australia Business News (Arafura strikes funding deal with China, by Rebecca Lawson: http://www.wabusinessnews.com.au/en-story.php?/1/70499/Arafura-strikes-funding-deal-with-China )
Lynas Corp Suspends $214 mln Rare Earths Project. In addition, Lynas Corporation announced last week that it has suspended its Mount Weld Rare Earth project in Australia, due to a funding issue. The Lynas Story is covered by Reuters (Lynas Corp Suspends $214 mln Rare Earths Project Reporting by Cecile Lefort)
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSYD40255020090210
We also recommend that you also check out Jack Lifton?s upcoming article titled ?The Return of the Predator: China Moves to Re-assert its Control of the Rare Earths' Market? at www.resourceinvestor.com this coming weekend (February 21/22) for his commentary on these new developments in the sector.
We would also like to bring your attention to a recently introduced mining and oil & gas research website, . We believe this website is a valuable 'investor research tool' and worthy of your consideration.
We recommend you click on () where you can sign-up for free access. Alternately, there is a link on our website to a segregated Great Western Minerals Group Ltd. page on StockResearchPortal.com where you can access incremental data on Great Western Minerals not available on our website. That 'extra' data includes Insider Trading, Price Performance Charts, Volatility Charts, Moving Average Price Charts, Director & Officer Corporate Cross-References, and Latest 8 Quarter Financial Schedules.
Best Regards,
Ron Malashewski, P.Eng (AB)
Manager, Investor Relations
Great Western Minerals Group
226 Cardinal Crescent
Saskatoon, SK S7L 6H8
Tel: (306) 659 4516
Email: rmalashewski@gwmg.ca
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Less Common Metals Ltd: www.lesscommonmetals.com