Canadian Rare Earth Industry Vertical Integration Management

According to sources, Canadian rare earth company ("Canada Rare Earth" or "Company") has announced that it has signed contracts to purchase and sell rare earth concentrates and oxides.

The transaction included the first shipment of 27 metric tons out of the 16,500 metric tons of hedged three-year contracts announced on September 8, 2016. Canadian Rare Earth has confidence in the agreed commercial terms based on the continuing multi-year plan, focusing on the development of various sources of concentrates. Fulfill its obligations.

Two of these transactions involved high-purity oxides. These products were sold under a distribution agreement announced on October 26, 2015, and included rare earth products of high-purity rare earth products. These products are used in various industries (including high-performance product lines). Required. Examples of products incorporating high purity oxides include electronics and magnets, in particular: high-end electronics, lighting, ceramics, glass, catalytic cracking for crude oil processing, automotive catalytic converters, magnets and motors, and atomic energy applications.

The fourth transaction involved the purchase of materials from a rare earth separation plant, which did not have the technology needed to separate more complex heavy rare earth elements.

These four transactions are all important milestones for the company. They fully reflect our goal of establishing an international vertical integration business in the global rare earth industry and have taken a solid and visible step towards becoming Canadian rare earths' participation in supplying rare earth products to industrial consumers. The beginning of business practices.