The Middle East offers proximity to the bulk of the world’s monazite resources as well as access to ports, industrial infrastructure and low cost processing chemicals; is it any wonder that this morning (July 11, 2012) Medallion Resources Ltd. (TSXV: MDL | OTCQX: MLLOF) announced that they expect to construct their proposed large-scale, rare-earth processing facility within the Gulf States? The official news release titled Medallion Resources Confirms The Middle East As Preferred Site For Rare-Earth Processing Facility also notes that since March 2012, Medallion has been actively engaged with prospective Middle East joint venture partners to arrange potential investment and to determine a suitable site for the rare earth processing facility to be built.
| Antworten |
Werbung