Quantum Rare Earth Developments
Quantum Rare Earth Developments (TSX.V:QRE) is a junior exploration company with a focus on seeking out potentially economic deposits of rare earth elements in North America and elsewhere in the world. It has a strong management team with a widespread network providing resource projects in discovery areas.
To date, we have acquired two highly prospective rare earth properties. The first, at Archie Lake, Saskatchewan, and the second in the vicinity of Mount Weld in Australia. Management is continuing the evaluation process on several highly prospective additions to the corporate portfolio.
May 04, 2010 – Vancouver, B.C.: Quantum Rare Earth Developments Corp. (TSX.V – QRE, FSE – BR3) (“Quantum”, the “Company”) is pleased to announce that it has acquired the Elk Creek Carbonatite, one of the largest known carbonatites in North America, through the acquisition of Elk Creek Resources Corp., a private Nebraskan corporation which, through a series of agreements, owns an option to acquire the mineral rights to the project.
Potentially the largest global resources of niobium and rare-earth elements (USGS Report) Land package 100% secured via wholly owned subsidiary Elk Creek Resources
 BNN Interview with CEO Peter Dickie
Rare earths continue to be a hot market, and companies are looking to acquire big deposits in metals such as niobium. BNN speaks with Peter Dickie, president and CEO, Quantum Rare Earth Developments to learn about his latest acquisition in Nebraska. click to view the interview
05-06-10 11:50 AM
Why Rare Earth's ?
- Superalloys used in the aerospace industry
- “Green” technologies such as fuel cells and electric-hybrid vehicles.
- Permanent magnets.
- Hybrid vehicles
- Television screens, computer monitors, and other visual displays
- U S market for rare earth materials alone was valued at in excess of U S $ 1 billion in 2007.
- China produces over 97% of the world's rare earth
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