TSX-V-listed Canada Rare Earth has narrowed its search for a location to base its refinery to six regions in South America.
The Vancouver-headquartered company, which sources and sells rare earths, says it has launched a study to consider refinery permitting, logistics and government support, such as grants, tax deferrals and loans to help it determine the two best regions in which to situate a full spectrum refinery.
Its refinery will be capable of producing a saleable rare earth concentrate, and the complete range of commercially traded rare earths, including neodymium, praseodymium and heavy elements.