Less Common Metals ‘Jewel in the Crown’ — Great Western’s Vertical Integration Strategy Advantage
May 10, 2013 — Marc LeVier, President, CEO & Director, Great Western Minerals Group Ltd. (‘GWMG’, TSXV: GWG | OTCQX: GWMG) in an interview with Dave Glover for ProEdgeWire (ProEdgeWire.com) discuss how they are on track to become a fully integrated mining operation. Marc LeVier describes their vertical integration advantage with Less Common Metals. “Less Common Metals is the jewel in the crown and is where the value occurs.” Less Common Metals has been in production for 20+ years and with GWMG’s ability to develop a mine in South Africa to produce a rare earth carbonate product offers a win-win for shareholders.
With USD$51 million in the bank, GWMG has the funding they need to complete the feasibility engineering study and determine the best location for a separation facility.
About GWMG: Great Western Minerals Group Ltd. is engaged in becoming an integrated rare earth producer. Its specialty alloys are used in the battery, magnet and aerospace industries. Produced at the Company’s wholly-owned subsidiaries, Less Common Metals Limited in Ellesmere, U.K. and Great Western Technologies Inc. in Troy, Michigan, these alloys contain transition metals including nickel, cobalt, iron and other rare earth elements. As part of the Company’s vertical integration strategy, GWMG also holds 100% equity ownership in Rare Earth Extraction Co. Limited, which controls the Steenkampskraal monazite mine. In addition to an exploration program at Steenkampskraal, GWMG also holds interests in four active rare earth exploration and development properties in North America.
Disclaimer: Great Western Minerals (GWMG.ca) is an advertorial member of ProEdgeWire.
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