Articles for tag: CanadaCongoDemocraticearthoperationsrareRepublicsetssupply

February 27, 2024

Ron Finklestien

mining

Canada Rare Earth forges strategic ties in the Democratic Republic of Congo

New Expansive Operations Aiming to bolster its position in the market, Canada Rare Earth has ventured into the Democratic Republic of Congo to scout for mineral concessions with an eye on acquisition. The company’s strategic objective is to secure 2-3 exclusive sources of rare earth concentrate and other minerals for operational purposes by the conclusion of 2024. This bold move is poised to revamp the supply chain significantly, leading to a reduction in costs and an enhancement of efficiency. In synergy with the existing artisanal supply chain, Canada Rare Earth seeks to optimize its operations in the region. Speaking on