Page 6 - Cummins Range News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RareX executes MoU with global rare earths producer Shenghe Resources Australian rare earths exploration and development company RareX Limited entered into a non-binding Memorandum of Understanding (MoU) with the leading global rare earths producer, China-based Shenghe Resources Holdings. Shenghe, listed on the Shanghai Stock Exchange, has a market capitalization of approximately US$4.6 billion. It is a leading producer of rare earths, zirconium and titanium, and is vertically integrated through the rare earths value chain from ore mining, processing to concentrate production, refining and s...

RareX (ASX:REE) purchases option to acquire Canadian rare earths company for A$1.02M SubscribeBe the first with the news that moves the market RareX (REE) is set to acquire Talaxis Group's entire stake in Canada Rare Earth Corporation (CREC), a TSX-listed rare earths company RareX will pay Talaxis an option fee of $50,000 to acquire over 24.7 million shares in CREC at C$0.04 (roughly A$0.041) This translates to an acquisition price of around C$991,186 (roughly A$1.02 million) CREC is considered an industry expert in global rare earths and building and operating rare earth refineries Ultimatel...

Valence Industries Limited (ASX:VXL) announces that the sale of foreign holdings resulting from the demerger of the Company from its former parent, Strategic Energy Resources Limited (ASX:SER) has been completed - Valence was named Tarcoola Gold Limited at that time.Read Full Article▸ During the six month period to 31 December 2013, Valence Industries (ASX:VXL) raised $1,000,000 in capital to enable it to undertake the activities required to list on the Australian Securities Exchange (ASX).Read Full Article▸ Valence Industries (ASX:VXL) is to raise up to $10.1 million at 20c per Share wi...