Frontier Rare Earths Secures Significant End User Agreement
April 10, 2013 — James Kenny, Director and Chief Executive Officer, Frontier Rare Earths Ltd. (TSX: FRO) in an interview with Tracy Weslosky, Publisher of ProEdgeWire (ProEdgeWire.com) describes the joint venture with the Korean Resources Corporation (KORES), an arm of the government whose mandate is to “…secure scarce strategic raw materials required by Korean industries, rare earths, iron ore and copper.”
James states “… Kores will take an initial 10% stake in our Zandkopsdrift rare earth project with an option upon completion of our definitive feasibility to increase to 50%.”
Frontier Rare Earths is an exploration and development company principally focused on rare earth elements in Southern Africa. Frontier’s flagship asset is the Zandkopsdrift rare earth deposit, which is located in the Northern Cape Province of South Africa and is one of the largest, code compliant rare earth deposits under development worldwide.
Disclaimer: Frontier Rare Earths. (www.frontierrareearths.com) is an advertorial member of ProEdgeWire.
Get our daily investorintel update
InvestorIntel is a trusted source of reliable information at the forefront of emerging markets that brings investment opportunities to discerning investors.